You likely seek financial advice from lots of different sources. And some of those sources will certainly have good intentions, but they’ll often give bad financial advice.

Let’s look at some examples and explore the reasons why we have to be very careful from whom we’re taking this important guidance from. Even when the advice seems to be well-informed and logical, it doesn’t mean it’s going to be applicable to your plan.

Here’s some of what you’ll learn on this episode:

  • Your family might have plenty of guidance, but that doesn’t mean you have to follow. [1:00]
  • Your friends might not tell you about the losses as much as the successes. [3:30]
  • Why the advice CPAs gives you might not be as effective for investing. [5:36]
  • The experts in the media are there to entertain rather than inform. [8:12]

 

More To Explore

Financial Therapy

Financial discussions and retirement planning can come with many emotions. From counseling couples with differing financial views to providing support during challenging life events such as divorce or medical issues, financial professionals wear many hats, including the role of a therapist. In this episode, Dale discusses the impact of having a financial professional guide you through life’s most stressful moments.

Ep 88: The Retirement Lifestyle

We’re taking a quick break from the Xs and Os of retirement finances today. Instead, we’re going to talk about some other important pieces of forming your retirement lifestyle. Join us as we discuss staying busy, the significance of social connections after you’ve stopped working, and maintaining your physical and mental health throughout retirement.

Ep 87: Social Security Myths

Have you ever wondered if the Social Security system will run out of money before you retire? Or if claiming benefits as soon as you’re eligible is the best decision for your financial future? In this episode, we’ll be debunking common myths about Social Security and answering the questions you’ve been curious about.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com