The Pharmacists First Guardian

What's Your Plan for Independence?

Posted by Benjamin Coakley on Fri, Jul 07, 2017 @ 01:46 PM

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As we spend this month celebrating our independence, take a moment to think about YOUR independence. What is your plan for your life after pharmacy?

Do you have a vision of what that freedom will be like? Will you be ready, financially, to live a life independent of your pharmacy? If you can’t answer these questions, don’t worry, you aren’t alone – and we can help!

There are many tools available through Waypoint to help you reach your financial goals. The three tools below can help you get off to a great start… or, if you’ve already made some progress, they can help you clarify, verify and accelerate your plan. We are making a special Independence Offer this month by making these tools available to you for a special offer of buy all three and get the Bucket List Assessment FREE. Be sure to click the button below to get yours.

  1. Bucket List Assessment. What do you want to do with your life after pharmacy? Do you want to travel? Golf every day? Take up woodworking? Whatever it may be, the odds are you will need to be able to finance your new activities. The tool we’ve developed helps you evaluate your assets and determine the specific roles each asset will play in supporting your plan. This is a do-it-yourself worksheet.
  1. Personal Retirement Worksheet. This tool helps business owners better determine the amount of income they will need in their retirement years. Most people do not know how much money they will need to not only retire, but be able to afford all the things they want to achieve after their life in pharmacy. This is a do-it-yourself worksheet.
  1. Monte Carlo Planning. This is a 30-minute planning session where we calculate the probabilities of your ability to achieve your independence goals (probability only, outcome not guaranteed). By project various scenarios, this exercise enables you to make the best possible decisions if we find out changes need to be made to your plans. This is a live conversation with a Waypoint advisor, click the blue button below to schedule.

No matter what your plans are for life after pharmacy, or even if you haven’t started planning yet – we can help you design your financial strategy. Regardless of whether you are 1 year away, 5, 10 or more, it’s important to develop your own path toward financial independence. If you are ready to take the next steps to determine what it will take for YOU to become financially independent, click below to take advantage of our Independence offer and we can work with you to schedule time with a Waypoint advisor.

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Tags: community pharmacist, community pharmacist independence, bucket list, monte carlo planning, personal retirement