Retirement Half-Truths!

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Show Notes

We hear a lot of half-truths in the financial world. This isn’t necessarily because people try to make misleading statements, but because sometimes a simple statement just doesn’t quite tell the whole story.

For example, you may have heard the age-old advice, “Diversification is key!” While diversification is certainly crucial for reducing risk in your investment portfolio, it’s not the be-all and end-all of retirement planning. Scott reminds us that diversification is a component, not the entirety, of a robust retirement plan.

Listen in as we discuss this and a few other examples that show that, while common advice like this can be helpful, it’s important to dig deeper and understand the full scope of your retirement needs during the planning process.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:58 – “Diversification is key!”

8:15 – “Medicare will cover all your healthcare needs!”

13:51 – “Contribute enough to get the company match!”

 

Thanks for checking out this episode of the podcast. If you’d like to learn more about financial and retirement planning, check out our YouTube channel here. 

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