Equipping Points:
In the latest episode of Retirement Ready Podcast, Eric pulls back the curtain on some of the most common financial half-truths that many retirees and investors encounter. As someone gearing up for retirement, it’s crucial to have a clear understanding of these financial nuances to ensure your strategy is both effective and resilient.
Like a lot of things in life, things aren’t always black and white so we want to make sure you understand the full picture. Join us to learn how to navigate retirement strategies, understand the real impact of market fluctuations, and gain insights into managing portfolio fees effectively. Discover why diversification and bonds may not be the ultimate solutions and explore smarter ways to generate income without locking in losses.
Here’s some of what we discuss in this episode:
- While the market will go up in the long run, a downturn when you need to sell stock can be a major issue.
- Paying off a mortgage early vs. investing more in your retirement.
- Diversification is important, but it is not the only thing you need for a successful retirement.
- Bonds reduce risk, but they’re not risk-free.
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:
Related Episodes:
Understanding Bonds in Today’s Market
Retirement Planning Statistics
The Financial Guessing Game
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