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TSC Team Member Trains for MS Mud Run, And Retirement!

Posted on Aug 17, 2011 by  in 401(k) Retirement Planning, Retirement Health Check-up, TSC Team Members

Matt at the 2010 Mud Run MS Twin Cities

Matt Slyter of TSC recently shared his thoughts about his participation in the upcoming Mud Run MS Twin Cities 10k race.

As I train for my second 10k Mud Run for MS, it strikes me that the Mud Run is much like the journey to achieve an adequate retirement benefit in my 401(k) plan.  My goal is to complete the mud race without giving up, while my idea of “finishing” the run to retirement is to have enough money saved to be able to retire comfortably on my own terms.  At 40 years old, I don’t know what those terms will be exactly, but I have learned from listening to baby boomers that my retirement nest egg is not something I want to leave to chance.

With that said, for the second straight year I know I have started my Mud Run training later than I should have started.  Any of you baby boomers out there wish you had started saving for retirement a little earlier than you did? You may need to catch up your 401(k) like I need to catch up for this 10k.

Not unlike the road to saving for retirement, the Mud Run MS Twin Cities is filled with obstacles – some large (a 30-foot cargo-net wall to traverse 5.5 miles into the run, for example), and some not so large (the shallow pools that don’t require much thought).  The road to retirement holds very similar obstacles, as evidenced by the market downturn over the last few weeks.  Before you panic about the stocks, keep in mind that the economy has hit many of these obstacles during the run to retirement over the years, and we’ll have more.  What matters most is how you face those obstacles.  Do you stop trying and throw in the towel, or do you persevere?

Matt truly made the most of last year's MS Mud Run!

The timing of the most recent market downturn affects people differently depending upon where each is at on the road to retirement, but it’s still possible to stay on track with a little preparation and planning.  Remember that all of the training (or saving, in the case of your 401(k)) you did previously will prepare you to get to the other side in better condition than if you had not worked so hard.

Best of luck to Matt and all of the other brave participants!

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