Just like the lights on your dashboard can indicate if something is wrong with your car, like low tire pressure or leaking oil), there are indicators in your financial life that might point out that you have a problem that needs to be addressed.
On today’s show, we’ll explain why your net worth, your view of retirement and your thoughts on nursing homes might be problematic.
Here’s some of what you’ll learn on this episode:
- Why your guess of what it takes to fund your lifestyle is probably way off. (1:45)
- Why tracking net worth or account balance should not be the only thing you care about. (5:21)
- Why you need to have a different retirement plan than your parents. (8:17)