Ep 50: Overconfidence in Financial Planning
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With all the information on the internet these days about investing and saving for retirement it can be easy to fall into the trap of overconfidence. However, this type of overconfidence can cause gaps and mishaps in our financial plans. On today’s episode, we are going to be discussing 5 areas in financial planning where people tend to get overconfident and how a financial planner can help mitigate these vulnerabilities.
Read more and get additional information: https://retirementplaybookpodcast.com/retirement-strategy/ep-50-overconfidence-in-financial-planning/1510/
Key Points:
1:00 – October is here!
2:30 – Stock market
5:48 – A million dollars to retire
7:23 – Rule of thumb
9:12 – Our own understanding
12:40 – Our own decision making
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