Since much of the country has recently spent a lot of time watching the Weather Channel and getting a refresher on how hurricanes work, it’s the perfect opportunity to see what we can learn about retirement planning from a discussion about hurricanes…
We’d all like to be able to hit home runs, but the truth is that there just aren’t that many home run hitters out there, even at the pro levels.
Having met with thousands of individuals during the 25 plus years of my career, I have noticed most people tend to make similar mistakes.
When you boil it down, there’s really only three places where you can invest money:
Let’s look at some of the richest people in the music industry and see what lessons we can learn and how we can apply these lessons to our own retirement planning.
Your financial circumstances could have both positive and negative aspects. Learn about that double-edged sword. We’ll also listen to the wisdom of Will Rogers and have a conversation on life insurance.
Don’t flirt with disaster in your portfolio. Learn where danger could be lurking. We’ll also learn about retirement by exploring the game of basketball and play a game of “Fact Or Fiction.”
Explore ancient Chinese wisdom, and discover whether times of financial crisis might actually be an opportunity. Learn the dirty little secrets of the financial industry. Finally, make sure you never make certain assumptions about retirement.
Learn financial lessons from some of the richest musicians in history. We’ll also find out whether Kevin could be elected to the hypothetical office of financial advisor. Finally, we’ll take a deep dive and examine pensions.
I recently did a radio show and the topic was types of risk that many people will face in retirement. The main two that I want to go over today is Market Risk and Inflation Risk. Both of these can take a toll on your retirement investments.
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