Scott Ford

And it's like you're doubling what you can potentially put away than if you didn't participate in that program.

First of all, I don't I don't think Mama was very deliberate and intentional about, you know, what she was going to put away for retirement.

And she was fortunate in that she had two things like school teachers and they get a pension or at least they used to.

And she had an opportunity to save in some tax deferred kind of accounts.

So she kind of did a little bit and it was like it was enough by the time she retired.

And, you know, when she got to that point, her house was paid off and, you know, your biggest expenses are behind you.

But I don't think people really like think about, you know, she's been retired as long as she worked.

Right.

And like if you're in relatively good health and, you know, your family history suggests that, you know, you might live a long time.

You kind of want to take those things into consideration.

Right.

And I think that's why people who have kind of gone through that planning conversation, because for me, it's less about the document that kind of gets printed out at the end.

It's more about the process of thinking through those things.

Right.

And getting some sense of.

Hey, this is where I am today.

Given my current lifestyle, spending patterns, all of those things, I expect my expenses to kind of be here.

So I know I want my nest egg to be at least this.

Right.

And so but it's that process of going through that to make you think about it is, I think, probably the most helpful thing.