Financial Choices Matter

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Why Are You Making Excuses For Sticking With The Wrong Advisor?

Very often, we find that people wil stick with a broker or financial advisor who's doing a less than stellar job, and there's usually a handful of reasons why. Charles will poke some holes in those excuses, and give you a healthier picture of what your financial advisor should be doing for you if he or she is truly a good fit. We'll also take a look at some recent news items related to the student loan debt crisis.

Show Notes:

1:45 - In The News: Proposed solutions to student loan debt crisis

5:41 - Why Are You Making Excuses For Sticking With The Wrong Advisor? 

7:42 - Common Excuses: "I get confused when there's a meeting."

11:16 - Mailbag Question from Alex: Should I take risk off the table with my 401(k)?

Why Should You Plan For Retirement With A Sense Of Urgency?

Some people (in fact, probably most people) find it easy to procrastinate when it comes to financial planning issues. But let’s talk about some scenarios that might cause people to have a bit more sense of urgency.

Show Notes:

1:43 - Mailbag Question from Blair: Why am I not in a lower tax bracket in retirement?

5:45 - Sense of Urgency: Scenario 1 - Loss of a job

7:09 - Sense of Urgency: Scenario 2 - Receiving a retirement buyout offer

8:39 - Sense of Urgency: Scenario 3 - Procrastination in planning for retirement

11:20 - Sense of Urgency: Scenario 4 - Death of a spouse

13:07 - Sense of Urgency: Scenario 5 - Market takes a dip

15:07 - Charles makes an important announcement about financial education

17:25 - Getting to know Charles - What area is Charles an expert in outside the financial world?