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.