Beware These Retirement Half Truths

How Money Works

We live in a world where truth, half-truths, and lies are seemingly getting harder and harder to distinguish in our day-to-day lives. Whether you’re scrolling a social media feed or watching a financial show, what’s fully true and what isn’t can seem to be all over the place.

Today we’re going to help provide context to those half-truths so that you can understand why these financial statements don’t paint the full picture. We’ll share insights into managing investments at different life stages, the role of diversification, and the impact of fees on your portfolio. Plus, we’ll explore the emotional versus mathematical aspects of paying off a mortgage and the role of bonds in reducing portfolio risk.

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

• The market always goes up in the long run, but that may not be helpful depending on what stage of life you are in.
• Understanding what fees are in your portfolio and knowing what you’re getting for those fees.
• The question of whether you should pay off the house early or use the money to invest instead when interest is low.
• Diversification is a key to a strong portfolio but is it THE key?
• Do bonds significantly reduce the risk in your portfolio?

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