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Ways That We Sabotage Our Retirement
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There are so many parts of your financial life that are out of your control, so why would you sabotage your retirement by failing to handle the things that are within your control? Many people do this but you don’t need to be one of them. Let’s discuss some ways people sabotage their own financial health.
Show Notes: https://theuswealthadvisors.com/2019/12/ways-that-we-sabotage-our-retirement/
On This Episode:
1:20 – Previewing the show today.
2:27 – In the News: The Social Security Administration announced a 1.6% cost of living adjustment that will be added to the 2020 monthly benefits.
4:59 – Did you see this? A British man spent $30,000 in legal fees and court costs fighting a $100 speeding ticket. And he lost the case…
7:12 – Let’s talk about what we can do to avoid sabotaging our own retirement.
7:40 – Obsessing over the short term ups and downs.
10:28 – Starting Social Security at the wrong time.
11:47 – Pretending like the risk of nursing home stay is so far in the future that you don’t need to worry about it right now.
13:47 – Assuming just because you like your job now means you’ll enjoy it forever.
15:38 – Not identifying how much you need to spend for the rest of your life to enjoy the lifestyle you want.
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