Getting Out of Your Own Way

Money Wisdom

Financial planning for retirement is a crucial process that requires a strategic approach to ensure long-term security. All too often, however, people will get in their own way and make mistakes that were completely avoidable. In this week’s podcast, we’re going to talk about the most common examples of this with the guidance of Eric Hogarth, CFP®.

Here’s some of what we discuss in this episode:

• Getting caught up in the greed and fear cycle of the stock market and chasing more money than you need to.
• Why people make bad investment choices just to save money in taxes in the short-term.
• People will leave too much money in cash because they put off making a decision on what to do with it.
• Are you overthinking your financial plan to the point that you fail to make decisions at all?
• Don’t blindly trust financial advice from people that aren’t financial professionals.

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