Money Wisdom

Financial Planning Doesn’t End When Retirement Begins


Listen Later

We spend most of our lives planning for the day we retire but tend to forget about that next stage of planning that ensures we get through retirement without worries. As you prepare for that big day, consider these common dos and don’ts so that you’ll be able to enjoy your retirement to the fullest. We’ll also talk about emotional decision-making mistakes and answer a few listener questions on this episode.

Check out the full show notes by clicking here.

Today's rundown:

0:41 – What’s coming up on the show.

2:00 – Question from Jack: I’m in my mid-50s and haven’t paid a lot of attention to the direction of my investments. Am I behind the curve?  

3:41 – Sometimes it isn’t a bad thing to save and leave your investments alone earlier in life.

4:47 – Question from Tony: What’s a reasonable rate of return for a conservative investment account.

6:03 – Question from Kim: I pay an annual fee to my financial advisor but we never communicate. I assume he’s paying attention to my accounts but how do I know?

7:12 – Investor behavior affects your accounts quite a bit.

7:37 – What types of emotions drive financial decisions?

8:43 – Mistakes we’ve seen people make because of emotional decisions.

11:17 – Dos and Don’ts to consider as you’re entering retirement.

11:36 – Don’t make any sudden decisions.

13:20 – Don’t just jump into investments that you don’t understand.

14:25 – Consider working with a professional to help you navigate retirement because the game changes quite a bit.

16:30 – Most importantly, have an actual plan in retirement.

...more
View all episodesView all episodes
Download on the App Store

Money WisdomBy Johnson Brunetti

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

21 ratings


More shows like Money Wisdom

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

The Ramsey Show by Ramsey Network

The Ramsey Show

39,228 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

450 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

816 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,312 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

454 Listeners

Money Tree Investing by Money Tree Investing Podcast

Money Tree Investing

682 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

543 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

752 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

694 Listeners

The Long View by Morningstar

The Long View

934 Listeners

Retire Today by Jeremy Keil

Retire Today

70 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

828 Listeners

The Megyn Kelly Show by SiriusXM

The Megyn Kelly Show

40,434 Listeners