Vaulting Into Action
Posted February 28, 2023
Posted February 28, 2023
In 2022, approximately 922,000 tuned in to watch the NCAA women’s gymnastics national championship. The broadcast reached 1.1 million viewers (Source: Just Womens Sports).
During this broadcast, many sat in awe of the stunts performed across the gym— the acrobatic maneuvers on the bars, the pure athleticism on the floor, and the concentration on the beam. Undoubtedly, each of these skills requires hard work and committed training. But today, we want to consider the vault, precisely what helps launch these athletes into the air.
During the vault event, gymnasts spring down a runway, hurdle onto a springboard, and propel themselves forward hands first onto the vault.
Now, imagine what the vault exercise would be like without the runway or springboard. What if gymnasts stood right in front of the vault and tried to hurdle themselves onto it? Where would their power come from? Where would the momentum be?
It’s no question that even the most qualified gymnastic athletes would not be able to do the acrobatic mid-air flips that we have seen them perform repeatedly. The runway and the springboard are quintessential elements of the athlete’s success on the vault.
So, what does that have to do with your retirement planning?
Let’s take the analogy one step further. These athletes have trained for years; they know how to perform the stunt on the vault, where to place their hands, how to rotate in mid-air, and how to land safely and finish well. But what good will that do them if they don’t have the momentum and the tools they need to perform well?
You may think you know how much money you need to retire. You may think you have a solid 5, 10, or 15-year plan. You may think you understand what it will take to retire and how to live a comfortable life afterward.
But do you have the resources? Are you making the smart choices now that will launch you into retirement without worrying about your finances? Are you using all the tools at your disposal to implement tax strategies and do what’s best for your family?
If you’re not careful, you may find yourself standing in front of the vault with no room to run and no springboard to use.
At Thayer Financial, our duty as fiduciaries is to work with your best interest in mind 100% of the time. We constantly seek tools and resources for our clients to have a worry-free financial future. Check out this blog on Flourish, a new resource made available to Thayer Financial clients!
Some of the tools we provide to our clients during their wealth and retirement planning services include a wealth management and planning strategy that is built around your specific values and goals to put you on the right path, assistance with business transition planning, tax preparation, and filing your annual tax returns, creation of your estate planning documents, quarterly meetings to adjust and adapt your strategy, unlimited access to your fiduciary financial advisor, simple and secure online access to all of your information and so much more.
With the team at Thayer Financial by your side, working with you to create a solid retirement plan, helping you make the right investments for the long haul, and working with you to create a plan that fits your specific needs, you’ll be sprinting down the runway, launching off the springboard and propelling into retirement.
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