It’s Sunday, which means...It’s recap time! 

The theme for this week was: materialism and how it might be wrecking your retirement. Materialism places utmost importance on money, the things money can buy, and outward signs of financial success, and when we’re too materialistic, and spend too much on the things that bring fleeting pleasure, not only does it not satisfy our desire for meaning and happiness in life, it can wreak havoc on your long-term financial success, since you’re throwing money on some meaningless possession today that could have been saved for a higher purpose tomorrow. 

Here’s what we covered in each episode this week: 

• What is materialism and why it’s a problem
• The deeper issue behind materialism
• How materialism might be wrecking your retirement
• The irrationality of materialism 
• And lastly...How to overcome materialism 

If you missed any of these episodes or if you want to revisit any of them, you can find them on iTunes, Spotify, or Google Play by searching for the “One Minute Retirement Tip with Ashley”. 

Tomorrow we’re starting a new topic: I’m answering your most burning questions about required minimum distributions (otherwise known as RMDs). If you have money in a 401k or traditional IRA, you’re mandated to take money out by the end of the year, if you’re 70 ½ or older. I polled my staff to find out the questions they get asked most often about RMDs, and next week, I’m sharing with you those questions and answers. So if you’re getting close to age 70 ½ or if you have an inherited IRA where you’re mandated to take distributions, stay tuned next week where I cover this important and confusing topic. 

That’s it for this week! Thanks for listening and I hope you have a blessed Sunday! 

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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