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Ep 101: Moving Your Retirement Goalposts - Is It Worth The Risk?

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Manage episode 358639607 series 2536305
Content provided by Lee Perkins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lee Perkins 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.

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, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.

Here are some of the topics we will cover in this episode:

  • Holding onto excess cash and not investing it could mean giving up on potential earnings. 2:15
  • Procrastinating with investing is an easy trap: “There’s always going to be a reason to keep you from saving money.” 5:40
  • The danger of waiting to reach a specific number in your investment account before reducing risks. 10:06
  • How procrastinating retirement planning could have you working longer than you originally planned. 13:19

Want to set up a meeting with us? Visit us here: http://talkwithlee.com

Get more financial education at http://myretirementclarity.com

  continue reading

151 episodes

Artwork
iconShare
 
Manage episode 358639607 series 2536305
Content provided by Lee Perkins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lee Perkins 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.

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, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts.

Here are some of the topics we will cover in this episode:

  • Holding onto excess cash and not investing it could mean giving up on potential earnings. 2:15
  • Procrastinating with investing is an easy trap: “There’s always going to be a reason to keep you from saving money.” 5:40
  • The danger of waiting to reach a specific number in your investment account before reducing risks. 10:06
  • How procrastinating retirement planning could have you working longer than you originally planned. 13:19

Want to set up a meeting with us? Visit us here: http://talkwithlee.com

Get more financial education at http://myretirementclarity.com

  continue reading

151 episodes

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