Preview Mode Links will not work in preview mode

Welcome to Wisdom & Wealth™ with Donna Kendrick and Jim Gehan. On each show, they'll aim to take the intimidation out of financial planning, so your family can handle any transition that comes its way.

From investing to retirement, each episode will cover all angles of financial planning. If you have a 401(k), IRA or other investments and want to know how you can protect your hard-earned assets and live a life of financial success, then this is the show for you.

If your financial life feels unclear or uncertain, then listen to the episodes of this show to gain confidence and clarity.

Donna is a Certified Financial Planner, a Certified Divorce Financial Analyst, and the founder of Sephton Financial in Wyndmoor, Pennsylvania.

Visit her website at https://sephtonfinancial.com/ or get in touch by calling 215-948-3945.

Sephton Financial
8200 Flourtown Ave, Suite 1B
Wyndmoor, PA 19038

Registered Representative offering securities through Cetera Financial Specialists LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Cetera is under separate ownership from any other named entity. Sephton Financial, LLC and Cetera are not affiliated.

  1. All Episodes
  2. Ep 19: The Secret to Retirement Success: Getting Out of Your Own Way

Ep 19: The Secret to Retirement Success: Getting Out of Your Own Way

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/