Ep 19: Financial Truth Bombs

It’s time to blow up some of the common beliefs people have held for years to make sure you know the truth about financial planning.

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The Game Plan

One of the jobs of a financial advisor is being honest and straightforward with clients about their money and their retirement plans. Sometimes that comes as a surprise to people because it goes against everything they’ve heard before.

We asked Dale to share some of these financial truth bombs that get dropped on clients to keep them from making errors in planning. How prepared are you? Find out on this episode of the Retirement Playbook Podcast.

Listen to the full episode or click on the timestamps below to make sure you avoid ruining your hard-earned retirement.

 

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[1:33] – This week we’re dropping truth bombs.

[2:09] – Bonds are not always as great for retirees as people think they are.  

[3:50] – Income taxes are currently close to historical lows. Do most people realize that?

[5:52] – The hardest part of investing is managing your own behavior.

[9:02] – Just because you’re an expert in your area, doesn’t mean you’re an expert in money.

[11:32] – You probably have more at risk in your portfolio than you realize.

 

“You have to be aware of the fact that bonds are not guaranteed and there’s an opportunity that you could lose value in bonds, specifically bond funds.”

– Dale Tondryk

More To Explore

Ep 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com