Retirement Half-Truths: Beware These Potentially Misleading Statements (Part 1)
Caffeine And Cash Flow with Michael Schulte
Release Date: 09/26/2024
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Caffeine And Cash Flow with Michael Schulte
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Caffeine And Cash Flow with Michael Schulte
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Caffeine And Cash Flow with Michael Schulte
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Caffeine And Cash Flow with Michael Schulte
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Caffeine And Cash Flow with Michael Schulte
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Caffeine And Cash Flow with Michael Schulte
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What Will the Market Do Under Trump? Let's Look at Historical Data (Part 1)
Caffeine And Cash Flow with Michael Schulte
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Retirement Half-Truths: Beware of These Potentially Misleading Statements (Part 2)
Caffeine And Cash Flow with Michael Schulte
When it comes to planning for retirement, there's no shortage of advice out there. Unfortunately, much of it can be misleading or only half-true. That can be a problem for investors because they end up following guidance that doesn’t apply to their situation. Today we continue our two-part discussion on these potentially misleading statements by shedding light on some of the most common retirement half-truths and explain why they might not tell the whole story. Here’s what we discuss in this episode: Half-truth #6: You should withdraw 4% annually from your retirement savings. Half-truth...
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Retirement Half-Truths: Beware These Potentially Misleading Statements (Part 1)
Caffeine And Cash Flow with Michael Schulte
We hear a lot of half-truths in the financial world, not necessarily because people try to make misleading statements, but because sometimes a simple statement just doesn’t quite tell the whole story. Join us for part one of this discussion as we cover common misconceptions about market losses, portfolio fees, mortgage interest, diversification, and bonds. We’ll provide insights on why these half-truths can be misleading and how to navigate them for better financial planning. Here’s what we discuss in this episode: Half-truth #1: The market always goes up in the long run, so...
info_outlineWe hear a lot of half-truths in the financial world, not necessarily because people try to make misleading statements, but because sometimes a simple statement just doesn’t quite tell the whole story.
Join us for part one of this discussion as we cover common misconceptions about market losses, portfolio fees, mortgage interest, diversification, and bonds. We’ll provide insights on why these half-truths can be misleading and how to navigate them for better financial planning.
Here’s what we discuss in this episode:
- Half-truth #1: The market always goes up in the long run, so don’t worry about individual losses.
- Half-truth #2: The fees in your portfolio are less than 1 percent.
- Half-truth #3: If you have a low interest mortgage, you’re better off investing than paying off the house early.
- Half-truth #4: Diversification is THE key to investing.
- Half-truth #5: Bonds will significantly reduce the risk in your portfolio.
Data referenced in this article:
https://interactfa.com/the-index-matrix-app/
https://www.upmyinterest.com/bloomberg-us-aggregate-bonds/
Learn more: https://caffeinecashflow.com/
Get in touch with Michael-
Web: https://www.westpacwealth.com/team/michael-schulte
Email: [email protected]
Phone: 702-767-4897