There is a theory that has been going around the financial industry as of late. It really isn’t anything that’s brand new or “state-of-the-art.” Honestly, it’s more of a concept really. And that’s what good retirement planning is all about – having a theory or a concept that you can follow, that you understand, that helps you allocate your investment dollars in a way that will work for you and your specific situation. The theory or concept we are referring to is the idea of asking yourself a question: “When it comes to your money and your investments, are you focusing your decision-making process on the retirement tools, or are you focusing on a retirement strategy?” They may seem like the same thing to you. They aren’t. Think about a contractor. He has a tool belt that is full of tools. But not every job he takes requires him to use every tool in that toolbelt. And your retirement strategy is no different. In this episode we’re going to help you understand the difference between retirement tools and retirement strategies, and hopefully how to go about developing the strategy that will help you and your family in your personal and unique situation.