It’s Sunday, which means...it’s recap time here on the Retirement Quick Tips Podcast

This week the theme was: How To Max Out Your Retirement Savings in 2022

Tomorrow, come on back, because we’re starting a brand new theme: Stupid Stock Market Predictions

It’s the beginning of a new year, so economic and stock market predictions abound. It’s easy to fall into the trap of believing many of these predictions. The people making them are usually smart and their reasons for why their latest prediction will materialize are compelling, despite the fact that they’ve likely been wrong and missed the mark many times in the past. No one tends to keep score on that fact, and we tend to believe that just because someone seems to be smart, credentialed and featured on national financial news, that they should be believed as if what they’re preaching is gospel. However, it’s critical to understand that no matter how much they would like you to believe otherwise, they still cannot predict the future, and most importantly, it can be dangerous for your finances if you go all in on a prediction that turns out to be wrong. 

So next week on the podcast, I’ll talk about the stupidest stock market predictions and give you clues about when you should tune someone out, and especially why you should ignore the most pessimistic predictions, which can be the most dangerous for your finances. 

Thank you so much for listening this week! If this podcast is valuable for you (and hopefully it is otherwise you wouldn’t be listening), please share the show with a friend or co-worker who is getting close to retirement. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to a friend and say, “I love this podcast and thought you might enjoy a listen.”

Thanks for sharing the love and spreading the word. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast and lastly, I hope you have a blessed Sunday.

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance