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As we kick off the new year, it’s the perfect time to adopt fresh perspectives and set meaningful goals for success, especially when it comes to your retirement planning.
The MO Deferred Comp Plan helps you set aside money from each paycheck, specifically for retirement. By contributing to deferred comp, you can take control of your financial future and ensure that you have enough saved to enjoy the retirement lifestyle you envision. With a variety of investment options and powerful tools, such as an automatic increase, you can tailor your savings strategy to meet your individual goals and needs. Start the year off right by evaluating your retirement savings plan and taking proactive steps toward a secure financial future!
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Speak to a Financial Expert: Whether you’re just starting your career or nearing retirement, you can benefit from meeting with a deferred comp financial education professional. The team offers FREE seminars and one-on-one consultations to help you build a savings and investing strategy and understand how the deferred compensation plan fits into your overall benefits. Register for a seminar or schedule a meeting today!
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View Educational Videos: Each quarter, the MO Deferred Comp Plan releases new videos. These short videos help you stay informed about the plan, learn about investing, and understand how to navigate their online tools and your deferred comp account. Dive into the video library here!
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NEW WEBSITE Coming Early 2025: The MO Deferred Comp Plan is excited to bring you a fresh and modern website in the first quarter of 2025. The new design will keep the same easy-to-use navigation but will be more mobile friendly and easier to search, ensuring faster loading times and streamlined content. Watch their website and social media channels (Facebook, X, Instagram, LinkedIn, and YouTube) for more information about this exciting change!
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Incorporating mindfulness into your daily routine can significantly enhance your overall well-being. Taking just a few minutes each day to practice mindfulness, whether through meditation, deep breathing, or simply being present in the moment, can reduce stress, improve focus, and promote a sense of calm. Try setting aside time to engage in mindful activities, allowing yourself to connect with your thoughts and feelings without judgment. Explore the benefits of mindfulness and activities here!
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What Are SMART Goals? SMART goals are a powerful tool for setting and achieving objectives. They help clarify your ideas, focus your efforts, and use your time productively. SMART stands for:
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Specific: Define the goal clearly. What exactly do you want to accomplish?
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Measurable: Determine how you will measure progress. What metrics will indicate success?
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Achievable: Ensure the goal is realistic and attainable. Do you have the resources and skills needed?
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Relevant: Align the goal with your broader objectives. Why is this goal important?
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Time-bound: Set a deadline for achieving the goal. When do you expect to accomplish the goal?
How to Create Your Own SMART Goals:
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Identify Your Goal: Write down what you want to achieve. Be clear and specific about the outcome.
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Make It Measurable: Decide how you will measure your progress. What indicators will show that you’re moving closer to your goal?
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Ensure It’s Achievable: Consider if your goal is realistic. Assess the resources and skills you have or need to achieve this goal.
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Check Its Relevance: Reflect on how this goal aligns with your overall objectives. Is it meaningful to you?
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Set a Deadline: Choose a completion date. Having a timeline creates urgency and helps you stay focused.
SMART Goal Example: Instead of saying, “I want to get fit,” you would say, “I will exercise for 30 minutes, three times a week, for the next three months to improve my fitness level.”
Take a few moments to write down your own SMART goal using the template below and keep it in a visible place as a reminder!
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Click the image above to enlarge and save. |
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