Ep 71: Learning Through Uncommon Sense

If financial planning was simple, no one would need help. Even when we know what we’re supposed to do, it’s not always a certainty that we will.

On this episode of the Retirement Reality podcast, we’ll go through some common sense financial statements that ring true to all of us and Mike will explain why we often fall short in following this guidance. If you find yourself getting off-track, make sure you lean on an advisor to help you keep retirement planning on the right path.

You can listen to the full episode or use the timestamps below to find a specific segment.

 1:14 – Buy Low, Sell High

4:04 – Don’t pay more in taxes than you have to.

7:02 – Keep expenses low.

9:56 – Don’t put all your eggs in one basket.

12:04 – Market timing is virtually impossible.

17:01 – Mailbag question on capital gains taxes

18:48 – Mailbag question on IRAs

 

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