Jun 2, 2022
So, what is the secret to a successful retirement? Oftentimes, it’s learning to get out of your own way! When the market is volatile, we may be fearful and pull out of investments. On the other hand, sometimes we get too greedy and invest more than we should into a certain product.
If you’re only making financial decisions based on a tax bill, you are probably leaving yourself open to some blind spots. Don’t get into something simply for a tax advantage, make sure it fits into your whole portfolio. On today’s episode, we’ll explore a few different ways you can get out of your own way in order to have a successful retirement.
Check out Donna’s new book coming out soon: https://www.widow-wisdom.com/
What we discuss today:
2:06 – Fear and greed
3:39 – The client’s blind spot
4:22 – Just using taxes
5:53 – Paying versus deferring
7:03 – Too much cash
9:34 – Doing nothing
11:31 – Trusting non-professionals
Get additional financial information: https://sephtonfinancial.com/podcasts/