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Top Golf and Retirement Targets

        

 

    I recently had my first experience at a Top Golf location.  For those who aren’t familiar, Top Golf is basically a driving range with various targets located out on the range.  That might sound like a normal driving range, but the balls you hit toward the targets have sensors in them that track where your ball lands and keeps score for you on their interactive scoring system.  Combine a normal driving range with that technology in fun atmosphere that includes comfortable seating, music, food and drinks, and it’s a wonder I ever left.  The scoring system reminded me of a bowling alley where each player enters his or her name and then takes turns hitting multiple shots toward the target of their choice.  The closer you are to a flag, the more points you score.  The closer greens earn fewer points (but are easier to hit for a hacker like me), and further greens and flags offer much higher scoring potential. 

            Winning a game in Top Golf has a lot of parallels to investing.  You might want to take a big gamble and go for the targets toward the end of the range, but chances are you will miss most of the time.  I have seen similar results when chasing the next big stock that will make somebody rich on a small investment that doesn’t pan out.  On the contrary, if you find a target that is achievable and continue to take aim toward it, your chances of having a consistent and favorable result are much better.  When it comes to your retirement, you want to have somebody help you what targets you should be aiming for based on your goals, and focus your strategy solely on hitting them.  It may sound pretty boring, but the results can help give you the retirement you want and reducing some of your worry.  If you want some excitement, do it on things that don’t have as much consequence.  Go to Top Golf, grab a fairway wood, and grip it and rip it!

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