Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today 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:
2:32 – Passing up a 401k match
5:32 – Saving only in tax-deferred accounts
8:05 – Depleting emergency fund
10:37 – Cashing out retirement plan
13:24 – Delaying home maintenance
15:28 – Social Security at age 62
18:26 – Working with wrong advisor
For more, visit us online: http://philstaxhacks.com
Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts
Questions You Must Ask Your Financial Advisor
Strategic Planning for Retiree Healthcare
Financial Tweaks That Matter: Small Steps, Big Impact (Part 2)
Financial Tweaks That Matter: Small Steps, Big Impact (Part 1)
How To Successfully Climb The Retirement Mountain
End of Year Financial Planning For 2023
Money Mistake You’ll Regret And How To Avoid Them
Understanding Continuing Care Retirement Communities (CCRCS)
Retirement Planning’s “Hidden” Questions
Retirement Planning for High-Net-Worth Individuals
The Universal Truths in Retirement Planning (Part 2)
The Universal Truths in Retirement Planning (Part 1)
Navigating Finances After Losing a Spouse: Strategies & Mistakes to Avoid
Understanding RMDs: A Guide For Retirees & The Soon-to-Retire
Retirement: Ready Or Not, Here It Comes
Breaking Up is Hard: Navigating the Transition to a New Financial Advisor
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 2)
Till Debt Do Us Part: Resolving Financial Tension Between Couples (Part 1)
Spotting Problematic Personalities of Rogue Advisors (Part 2)
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast