We all tend to procrastinate from time to time, even when it comes to our finances. However, there are many things that we don’t want to put off addressing in our financial plan. On today’s episode, Phil will discuss 5 financial decisions that people tend to put off and whether it is okay to do so.
Read and get additional financial information: https://philstaxhacks.com/podcast/ep-104-can-you-put-off-these-financial-decisions/
What we discuss today:
0:39 – Catching up with Phil
1:59 – Deferring taxes
4:50 – Waiting to eliminate debt
6:48 – Legal and estate documents
9:30 – Delaying the start of social security
11:57 – Getting a plan
Ep 94: What Retirement Are You Living For?
Ep 93: 5 Things to Know About Decumulation
Ep 92: What is Your Spending Personality?
Ep 91: Planning Through Uncommon Sense
Ep 90: Not Your Father’s Retirement
Ep 89: The Three Worlds of Money
Ep 88: 5 Words That Describe Retirement
Ep 87: Playing the ‘What if?’ Financial Game
Ep 86: Do Retirees Really Need Life Insurance?
Ep 85: Financial Planning in President Biden's America
Ep 84: Frequently Asked Questions About Bonds
Ep 83: Financial Fact or Fiction?
Ep 82: How Long Would A Million Bucks Last in Retirement?
Ep 81: What Can We Learn From Will Rogers?
Ep 80: Are You Flirtin’ with Financial Disaster?
Ep 79: When Crisis Meets Opportunity
Ep 78: March Madness and Retirement Planning
Ep 77: Status of the American Pension
Ep 76: Reasons to Never Assume in Retirement
Ep 75: Saving for Retirement as a Business Owner
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