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.

Apple PodcastsSpotifyGoogle PodcastsStitcheriHeartRadioTuneInAmazon MusicRSS

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 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.

Ep 86: Don’t Get Lost In Retirement

Getting lost while driving in the car or hiking in the woods is kind of like getting lost in retirement planning. It can be tough to find your way without the right guidance and tools. But fear not! In today’s episode, we’re going to explore the most common mistakes people make in retirement planning and share some insightful advice to help you stay on track.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com