Harnessing Your Financial Instincts to Build Your Retirement Nest Egg, Ep #218

Financial Symmetry: Balancing Today with Retirement

Content provided by Financial Symmetry, Chad Smith, and Mike Eklund. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Financial Symmetry, Chad Smith, and Mike Eklund 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://player.fm/legal.

1M ago 36:08

MP3•Episode home

Have you considered how your instincts influence your decision-making around retirement planning?

Our natural instincts and biases create frameworks that lead our perspectives on how we think the world works.

These frameworks influence our decisions surrounding our financial decisions.

On this episode of Financial Symmetry, we discuss how to build prosperity by analyzinging and identifying your perspective. Listen in to learn 10 instincts identified by the book Factfulness and what you can do to combat the biases they lead to.

Outline of This Episode

[0:50] Our article of the week
[1:58] Your instincts influence your decision making
[5:41] Why are we worried about the current situation?
[7:13] Combatting the gap instinct
[10:36] The negativity instinct
[16:10] The fear instinct
[10:18] Size matters
[23:56] The generalizing instinct
[26:10] Destiny instinct
[29:23] Who’s to blame?
[31:05] The urgency instinct

Resources & People Mentioned

Show Notes
The Retirement Podcast Network
Gapminder
BOOK - Factfulness by Hans Rosling
Episode 209 - 5 Reasons to Consider Investing in More Than the S&P 500
BOOK - Making Numbers Count by Chip Heath
BOOK - Super Communicators by Charles Duhigg

220 episodes

#Trading #Business #Financialplanning #Money #Personalfinance #Retirement #MBA #Financial Symmetry #Chad Smith #Mike Eklund #Financialadvisor #Financialplanner #Investing #Saving