Ep #14: How to Live a Retirement Without Regret

You work hard and deserve the chance to enjoy your retirement to the fullest. No one wants to reach that next chapter with regrets on how you invested and planned along the way. Make the right decisions now and you won’t have that worry in retirement, and we’ll give you advice to rid your portfolio of regrets.

On this episode:

1:31 – In the News: Health insurance is a major issue in the upcoming 2020 election and every candidate has an idea of how they want to handle. What does Phil think about healthcare?

2:38 – We have to get the payment of the services back in the hand of the person using it.

3:55 – Let’s move to our main topic this week: retiring without regret.

4:31 – Advice: Don’t make sudden decisions.

6:03 – Outside of the market, this advice also applies to life decisions as well as investing.

7:25 – Social Security is an area where there could be big consequences for making the wrong decision.

8:44 – Advice: Don’t jump into investments you don’t understand.

10:16 – If you are a speculative person, how much can you ‘gamble’ with?

11:39 – Does Phil see many clients that like taking the risk or are people more conservative?

12:56 – Advice: Know what retirement means to you.

13:29 – Advice: Work with a professional.

16:27 – Mailbag Question: Most of my 401k is invested in company stock. Is that bad?

20:05 – Getting to Know Phil: What’s your favorite movie genre?

Get the full show notes and additional resources here: https://philstaxhacks.com/podcast/ep-14-how-to-live-a-retirement-without-regret/