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Ep 37: Moving Your Retirement Goalposts: Is It Worth The Risk?

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Manage episode 359989800 series 2991025
Content provided by Donna Kendrick. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Donna Kendrick or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning and most of the time to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.

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

  • The risk of waiting for a certain number in the bank before implementing your investment strategy. (2:15)
  • How the “I’m going to get serious about saving next year” attitude often leads to missed opportunities. (5:44)
  • The danger of pushing off reducing your risk. (7:41)
  • Having a plan before picking a retirement date. (11:50)

Get additional financial information: https://sephtonfinancial.com/podcasts/

  continue reading

77 episodes

Artwork
iconShare
 
Manage episode 359989800 series 2991025
Content provided by Donna Kendrick. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Donna Kendrick or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning and most of the time to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.

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

  • The risk of waiting for a certain number in the bank before implementing your investment strategy. (2:15)
  • How the “I’m going to get serious about saving next year” attitude often leads to missed opportunities. (5:44)
  • The danger of pushing off reducing your risk. (7:41)
  • Having a plan before picking a retirement date. (11:50)

Get additional financial information: https://sephtonfinancial.com/podcasts/

  continue reading

77 episodes

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