Go offline with the Player FM app!
Purpose, Planning, and Portfolio: A Guide to Thriving After Retirement
Manage episode 483251650 series 2621606
In this episode, Warren Ingram and Pieter de Villiers discuss the challenges and strategies associated with achieving financial freedom, particularly during market downturns. Talking through the psychological aspects of investing, the importance of planning for withdrawals during retirement, and the need to find purpose and income post-retirement.
Takeaways
- Achieving financial freedom can be daunting during market downturns.
- Panic selling is one of the worst mistakes investors can make.
- Understanding psychological responses to loss can help in decision-making.
- Markets typically experience fluctuations; this is normal.
- Controlling expenses during retirement can help manage financial stress.
- Finding purpose post-retirement is crucial for emotional well-being.
- Investing in a balanced portfolio is essential for long-term success.
- Phasing investments during volatile markets can mitigate risks.
- Having a cash buffer can provide security during market corrections.
- Emotional management is key to successful investing.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
264 episodes
Manage episode 483251650 series 2621606
In this episode, Warren Ingram and Pieter de Villiers discuss the challenges and strategies associated with achieving financial freedom, particularly during market downturns. Talking through the psychological aspects of investing, the importance of planning for withdrawals during retirement, and the need to find purpose and income post-retirement.
Takeaways
- Achieving financial freedom can be daunting during market downturns.
- Panic selling is one of the worst mistakes investors can make.
- Understanding psychological responses to loss can help in decision-making.
- Markets typically experience fluctuations; this is normal.
- Controlling expenses during retirement can help manage financial stress.
- Finding purpose post-retirement is crucial for emotional well-being.
- Investing in a balanced portfolio is essential for long-term success.
- Phasing investments during volatile markets can mitigate risks.
- Having a cash buffer can provide security during market corrections.
- Emotional management is key to successful investing.
Learn more about 10X Investments today: https://bit.ly/4hiEscG
Send us a text
Have a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod
264 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.