Equipping Points:

When you watch TV shows or movie, it doesn’t take long until you realize who is the main character or who is more of a secondary character. When it comes to your financial life, which strategies, products, or tools are main characters in your financial plan and which ones are secondary?

From your 401(k) and Roth IRA to life insurance and savings accounts, there are a lot of financial “characters” to keep track of. But they all come together to tell an important story about your financial future. Are you giving each of these financial items the proper attention required?

Here’s what we talk about on today’s show:

• What role does your 401(k) play in your financial plan? 2:07
• Life insurance is something you really should look at. 4:47
• Bank accounts are safe but don’t overemphasize it. 6:22
• Roth IRAs have become more important in recent years. 8:18
• Social Security is the largest piece of most people’s retirements. 10:28

If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here. 

Today’s Takeaway: