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Ep 175: Moving Your Retirement Goalpost - Is It Worth The Risk?
Manage episode 358753516 series 2510975
Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.
Here are some of the things we’ll address in this episode:
- Why cash does not work for long-term goals and investment. (1:51)
- The danger of the “I’ll get serious about saving next year” attitude. (5:45)
- Why it’s crucial to determine what market risks you are comfortable with understand how to position those risks in your financial plan. (8:48)
- How having a solid plan in place will allow you to retire on a flexible schedule. (11:09)
If you have any questions about what we discussed in this episode, reach out and we'll be happy to set up a time to talk.
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
230 epizódok
Manage episode 358753516 series 2510975
Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.
Here are some of the things we’ll address in this episode:
- Why cash does not work for long-term goals and investment. (1:51)
- The danger of the “I’ll get serious about saving next year” attitude. (5:45)
- Why it’s crucial to determine what market risks you are comfortable with understand how to position those risks in your financial plan. (8:48)
- How having a solid plan in place will allow you to retire on a flexible schedule. (11:09)
If you have any questions about what we discussed in this episode, reach out and we'll be happy to set up a time to talk.
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
230 epizódok
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