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 74: Getting More Involved in Retirement Planning
Ep 73: Top Tax Tips for Filing in 2021
Ep 72: The GameStop Stock Story
Ep 71: Good News, Bad News in Financial Planning
Ep 70: Know Thyself: How Looking Inward Can Lead To Major Financial Impacts
Ep 69: The Three Qualities of Money
Ep 68: Retirement Statistics That Might Surprise You
Ep 67: Which Retirement Lifestyle Is Right For You?
Ep 66: End-of-Year Financial Planning
Ep 65: What to Know About Biden’s Tax Proposals
Ep 64: Finding the Right Advisor
Ep 63: Don’t Assume the Customer Is Always Right
Ep 62: Is Diversification Just For Suckers?
Ep 61: Would You Pass This Retirement Preparedness Quiz?
Ep 60: Answering Your 401(k) FAQs
Ep 59: Mailbag: Should I Move My Investments To Cash Right Now?
Ep 58: Reframing the Social Security Conversation
Ep 57: Retirement Ready...or Not?
Ep 56: Financial Stuff You Should Know
Ep 55: Hindsight is 20/20 in Financial Planning
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