The Power of Delayed Gratification

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future, but the idea of delayed gratification is at the core of retirement planning.

In this episode we’ll talk about some of the situations where you might be inclined to take the immediate benefit when you should really consider the delayed rewards. 

 

Here’s some of what we discuss in this episode:

0:00 – Intro

3:55 – A lesson instilled

4:32 – Passing up the company match

7:01 – Saving in tax-deferred accounts

9:33 – Emergency fund

11:55 – Pulling out of retirement account early

15:15 – Home maintenance and upgrades

17:38 – Social Security

20:36 – Health check-ups

23:16 – Working with an advisor

 

Retire Pilots - https://retirepilots.com

 

Get your FREE Retirement Toolkit - https://bit.ly/3ZmZsaX

 

Pilot Tax - https://pilot-tax.com/

 

The Pilot's Advisor Podcast is also on video. Watch & Subscribe on YouTube: https://bit.ly/3EIEBW2