Chess, Roulette, and Poker: Financial Comparisons To These Well-Known Games
Manage episode 444473246 series 3423688
Chess, roulette, and poker are games that illustrate different balances of luck and skill. Similarly, some financial situations can be compared to these games. Join Tad and Toni Hill as they break down some retirement planning decisions you might encounter, and whether those decisions are most like chess, roulette, or poker.
When making financial decisions, we strive for as much control as possible- similar to chess, which demands careful analysis and strategy. Partnering with a trusted advisor can be instrumental in navigating these decisions and creating more chess-like scenarios in your financial journey. Tune in as Tad and Toni discuss the processes behind these important financial choices!
Here’s what we discuss in today’s show:
- How a turbulent market will impact you differently if you’re 30 than if you’re 60
- Deciding how much IRA money you should convert into a Roth
- Choosing the right pension option
Key Takeaway
"One of the reasons that I think our process is so helpful… is because a lot of people do not know how to make that 'chess' move. They just do whatever, because.... they don't have somebody that's helping them."
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https://www.askfreedomfinancial.com/
205.988.0006
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