The Retirement Solutions Show

Recency bias is when investors make decisions based on recent events or experiences. Rather than seeing the bigger picture, they become hyper-focused on recency. This can be dangerous to your retirement plan. 

2020 is right around the corner and there are a few financial tasks we urge you to complete before the end of the year. Completing these tasks will help you kick off the new year on your best financial footing.

Are your anchoring beliefs controlling your investment decisions?

In this week's episode of the Retirement Solutions Show, the team at Oakmont uncovers how anchoring bias could be hurting your investment strategy.

In this week's episode of the Retirement Solutions Show, Ralph Hicks, David Hicks, Michael Hicks and Ryan Gilmore of the Oakmont Advisory Group discuss how your "herding" tendency could be harming your investment strategy.

The team at Oakmont shares how investors can often suffer from confirmation bias. 

In this week's episode of the Retirement Solutions Show, Ryan Gilmore and Ralph, David, and Michael Hicks share how loss aversion is negatively impacting investors.

On this week's episode of the Retirement Solutions Show, Ralph Hicks, David Hicks, Michael Hicks, and Ryan Gilmore share their insights on how to manage sequence risk in retirement.

For months, news headlines have been roaring about the fear of an oncoming recession. But the truth of the matter is, nobody knows when the next recession might hit.

Sequence risk, or the order in which your investment returns occur, can change everything for you. Just as the stock market is out of our control, so is the sequence of returns that our retirement money is exposed to.

The team at Oakmont shares tips for how to manage sequence risk, including:

• Who is affected by sequence risk, when your retirement money is at risk, and why sequence risk can have a positive or negative impact on your retirement
• Why simply plugging an average rate of return into an online retirement calculator could ruin your retirement success
• How focusing on minimizing losses could jeopardize your retirement
• Specific strategies and steps you can take today to protect your money

On this episode of the Retirement Solutions Show with Oakmont Advisory Group, we discuss when to start taking Social Security and how to undo a common Social Security mistake.

The team at Oakmont Advisory Group discusses how to navigate the unpredictability of the markets and the biggest portfolio mistake we see people make. 

The team at Oakmont Advisory Group shares what to expect when you meet with a financial advisor for the first time. Plus, how retirement planning can feel like a game of football.