Recently I made a loss via investments. It was a bad decision I made, and if not for the fact that I have some assets in financial plans, I would have lost much more. Luckily this period of time, I went to see my Financial Planner who gave me a detailed report on how my cash flow input and output should be. After reading the report, I truly understand my entire financial situation. So the first step is to get out of debt by paying off whatever I have lost, then start building up a nest egg, and finally, bring my liquidity to a healthy level! It is time to start planning for retirement!