There are a lot of places to research opinions about financial planning. It's up to you to decipher which advice to take, and is using a financial advisor in your best interest? In this episode, Ben Decker and I talk about 11 common myths that we come across in our conversations with prospects and clients. Debunking myths is just one of our favorite past times, so listen in on some helpful commentary on these 11 myths:

1. My 401(k) is all I need for retirement planning

2. I'll be in a lower tax bracket when I retire

3. Financial advisors just invest my money, there's no other value

4. I can do all my financial planning myself

5. Market returns are more important than saving money

6. Debt reduction should take precedence

7. My budget is my financial plan

8. Tax-deferred investments are better than taxable investments

9. Buy term insurance and investing the difference is better than permanent protection

10. My group benefits are all the insurance I need

11. A 15-year mortgage is better than a 30-year mortgage

You can find Ben here: https://www.linkedin.com/in/deckerben/ 

This podcast is for informational purposes only and is not to be construed as tax, legal, or investment advice. Guardian, its subsidiaries, agents, and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation. Michael and Ben are Registered Representatives and Financial Advisors of Park Avenue Securities LLC (PAS). OSJ: 6115 PARK SOUTH DRIVE, SUITE 200, CHARLOTTE NC, 28210, 704-5528507. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representatives of The Guardian Life Insurance Company of America® (Guardian), New York, NY. PAS is a wholly owned subsidiary of Guardian. Huskey Financial Group LLC and CP Planning Group, Inc. are not an affiliate or subsidiary of PAS or Guardian. Ben’s CA Insurance License Number – 4148065. 2021-130276 Exp 11/23