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Wealthy Habits Podcast

Are there some important financial questions and considerations that you've overlooked? On this show, we want to come alongside your financial and retirement journey to help you answer those questions and experience financial success.


Dave Elizondo and Drue Kampmann are Co-Founders of True Financial Partners, serving the Quad Cities. Their goal is to provide you with great information and education to help you retire with security and comfort.

As you get closer to retirement, the money choices you make become more and more critical. So make sure you're getting proper guidance and help along the way. On the Wealthy Habits Podcast, we'll cover things like social security, taxes, income planning, investments and so much more.


Reach out if you have any questions at https://www.truefinancialpartners.com/ or by calling 563-359-8783.

  1. All Episodes
  2. Ep 8: Are You Clinging to False Hope for Retirement?

Ep 8: Are You Clinging to False Hope for Retirement?

Jul 23, 2020

We often find that people are clinging to ideas or beliefs that end up giving them a false sense of hope about their retirement. That’s a very dangerous position to be in. Let’s explore some of that faulty thinking and why it leaves people underprepared for retirement.

 

Read more and get additional financial resources here: https://www.truefinancialpartners.com/ep-8-are-you-clinging-to-false-hope-for-retirement/ 


Today's show schedule: 

0:53 – Drue and his family just returned from vacation.  

2:41 – The mindset that you’ll be ready to retire once you hit a certain number in your savings

6:57 – The belief that your income needs will drastically decrease once you retire

9:04 – Assuming that an inheritance will make up for any shortfalls in savings.

10:18 – The idea that you can just figure it out once you reach retirement.

12:51 – Assuming that the income estimate on your 401k statement is accurate.