• Ep 99: Principles, Not Perfection

  • Jun 11 2024
  • Duración: 11 m
  • Podcast

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Ep 99: Principles, Not Perfection

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  • Resumen

  • In this episode, Dave Zaegel discusses the importance of following principles in retirement planning rather than striving for perfection. He emphasizes that there is no one-size-fits-all approach and that strategies should be tailored to individual circumstances. Examples include the decision to wait or not wait to take Social Security and the consideration of Roth IRA conversions based on income levels. Dave also highlights the significance of starting early and the flexibility to adapt strategies to fit personal financial plans.

    Takeaways:

    • Retirement planning should be based on principles rather than striving for perfection.
    • There is no one-size-fits-all approach to retirement planning, and strategies should be tailored to individual circumstances.
    • Considerations such as when to take Social Security and whether to do Roth IRA conversions depend on various factors.
    • Starting early in saving for retirement can provide more flexibility and better long-term results.
    • Adapt strategies to fit your personal financial plan and goals.
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