Financial Choices Matter
Episodes
Thursday Sep 19, 2019
Even Responsible Savers Make Mistakes
Thursday Sep 19, 2019
Thursday Sep 19, 2019
Even for people who have been very responsible with their money over the years, entering retirement canstill be a challenge because it’s such a different stage of life. Let’s talk about some of the missteps thateven responsible savers can make…
Show Notes:
1:16 - In The News: Wedding Loans
3:53 - Even Responsible Savers Make Mistakes
4:24 - Mistake #1: Don't Get Too Enamored With Cash
5:57 - Mistake #2: Don't Take Too Much Risk
7:27 - Mistake #3: Don't Forget About The Tax Time Bomb
9:09 - Mistake #4: Live A Little
11:06 - Mailbag Question from Raymond: "I haven't paid much into Social Security..."
Thursday Sep 05, 2019
Busting The Biggest Financial Myths
Thursday Sep 05, 2019
Thursday Sep 05, 2019
Today’s episode is simple. We’ll look at some of the most widely believed financial myths and try to bust them wide open. The scary thing is that a lot of people base their financial plans on some of these myths.
Show Notes:
2:17 Helping clients understand how their financial jigsaw puzzle fits together
5:58 Myth 1: Shifting from stocks to bonds removes the volatility from your portfolio
7:32 Myth 2: Once you've retired, life insurance is no longer necessary
9:12 Myth 3: You will need less income when you retire than you do when you're working
10: 26 Myth 4: You will probably be in a lower tax bracket when you retire
11:43 Myth 5: Financial planning is much easier to do without professional help because of all of the technology that is now available
13:40 Email Question: Investing in oil wells