Radio Show #11: Common Retirement Mistakes and Misunderstandings

Retirement planning is a journey filled with complex decisions and potential pitfalls. In this episode of Your Financial Compass, Chris and Scott take a deep dive into some of the most common mistakes and misunderstandings that they see folks make when it comes to planning their finances to and through retirement.

From setting realistic expectations to explaining what exactly a sequence of returns is, to their take on Dave Ramsey’s 7 baby steps toward saving, find out what you might want to consider thinking differently about your retirement. Along with that, we’ll also explore the transformative role of Artificial Intelligence (AI) in the investment world, and why understanding average versus actual returns is crucial for your financial health.

 

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

  • How AI is changing business.
  • Setting realistic expectations for your retirement.
  • The average v. the actual rate of return.
  • What does sequence of return really mean?
  • Balancing sequence of returns risk with a portfolio that is adequate for someone who is older.
  • Dave Ramsey’s 7 baby steps toward saving for retirement.

 

Book a 15-minute discovery call with the team here: https://calendly.com/ask-bulmanwealth or ask questions via email at ask@bulmanwealth.com.