Successful Retirement Planning Is Like The Movie “Groundhog Day”

In celebration of the holiday this week, we thought we’d have a little fun and see what the movie “Groundhog Day,” starring Bill Murray and Andy MacDowell, can teach us about successful retirement planning. Just like Bill Murray’s character, Phil, is forced to relive the same day over and over and learn from his mistakes, retirement planning is an ongoing journey that calls for adaptability, continuous learning, and a commitment to positive change.

 

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

• The cyclical process of retirement planning + the role of annual rituals and reviews throughout the process
• Getting burned by trying to predict the future when it comes to financial investments + the importance of financial preparedness
• Learning from past financial mistakes and not repeating them
• Adapting to changes in income, expenses, investment performance, health, and more
• How small changes in financial planning can lead to big results

 

Get in touch with Don and learn more: https://doncashpodcast.com/