The Stranglehold Approach
The first type of grip is like grabbing a rope and hanging on for dear life. It is a stranglehold – not a grip. Nothing is gained when you apply this approach to retirement. Having a grip on your retirement does not mean holding on to your savings for dear life.
The GRIP for Performance Approach
In contrast, the second type of GRIP is geared toward performance.
You have worked hard and done well. Effectively stewarding the resources you have been blessed with requires a good, firm GRIP on them – not a stranglehold. Money is not an end unto itself; it is simply the resource we employ to accomplish our dreams and goals.
In other words, your money is a tool to achieve your retirement dreams and goals, both for your current lifestyle and for your legacy.