My financial adviser's advice changed how I see my retirement savings - Business Insider

to fall back on. Creating my retirement plan was up to me, and at that point, all I had managed to do was invest a small amount of money in stocks that weren't growing.

To this day, her advice has totally changed the way I look at my finances, and hopefully it will change how you look at yours too.In the middle of setting up my new retirement accounts, my financial adviser suddenly got more serious. She then told me a story about a man she knew years ago. By her account, he was diligent about contributing to his retirement funds. However, every few years, he would also pull from them. Each time, he had a good reason for doing so. One time, his home needed extensive repairs; another, he and his wife badly needed a new vehicle.

She wrapped up the story by telling me that if my retirement accounts are going to be my main source of income, my goal should be to make sure I have as big a cushion as possible. After all, I have no way of knowing how long I'll be retired.With that cautionary tale fresh in my mind, I resolved never to touch my retirement accounts unless I'm adding to them. In my mind, they're on lockdown, unable to be accessed for the next 35 or so years.

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