Texas Tech University

UPDATE: When should you make 'course corrections' to your retirement plan?

Morning Star

July 26, 2017

Morning Star - Don't be afraid to embrace shifting priorities. Course corrections -- whether you're flying to the moon or sailing across an ocean or just shopping for groceries -- are a necessary part of life.

Long before you can make any course corrections, you'll need a retirement plan complete with goals, a way to monitor your progress toward your goals, and the rules you'll use to make changes to your plan, .

But don't look for rules of thumb. "I'm not sure there is any one 'correct' answer," says Charlene Kalenkoski, director of the retirement planning and living research initiative at Texas Tech University.

Read the story here.