It isn’t difficult to come across things that are overrated in this day and age. Everything is promoted online, and algorithms draw us in.

That being said, there are some things you may not realize are overrated, especially when it comes to finances. In this episode, we are going to discuss some of the financial scenarios that you may want to avoid.

Check out what you’ll learn in this episode: 

• Here we share our thoughts on a shocking statistic we learned. (1:07)
• In some instances, tax advantages can be overrated. (6:42)
• We all love rates of return, but can they be overrated? (10:28)
• What you should know about commission-based investment accounts. (12:13)

For more, visit us online: http://yoursweetretirement.com

I’m sure you have heard of the seven deadly sins, but have you considered how they affect your financial life? In this episode, we will touch base on each “deadly sin” and see how they hold some people back on their financial journey.

Check out what you’ll learn in this episode: 

·      Is pride keeping you from seeking financial guidance? (1:10)

·      Are you trying to keep up with the Joneses? Are you comparing your investments to other peoples? (2:51)

·      What happened with GameStop is a perfect example of investors’ wrath. (4:09)

For more, visit us online: http://yoursweetretirement.com

Life insurance seems pretty straightforward at first glance, but there are some fairly common mistakes people make that can have a huge impact on you and your family.

Imagine you have been divorced for 20 years and married to someone new for another 15. If you unexpectedly pass away but put off changing your beneficiary, your current spouse could be left without any financial assistance from you. Listen to learn some other life insurance mistakes to be aware of.

Check out what you’ll learn in this episode: 

·      The most common reasons that life insurance lapses. (1:39)

·      Why you should tell trusted family about your life insurance policy. (5:23)

·      Why you should add a contingent beneficiary. (8:37)

For more, visit us online: http://yoursweetretirement.com

Mental blocks can be a huge bump in the road for many people while financial planning. There are some common feelings many have encountered like fear or stress, but there are others you might not have expected.

In this episode, we are going to talk about various mental roadblocks and the strategies we use to help clients through them. If you are struggling with a mental roadblock, give us a call and we can help you through yours as well.

Check out what you’ll learn in this episode: 

·      Can optimism hurt you financially? (1:02)

·      Has The Law of Triviality got you down? What trivial matters are distracting you? (5:17)

·      Is the “Ikea Effect” causing you to place a higher value on a failed financial strategy? (11:14)

For more, visit us online:http://yoursweetretirement.com 

For more, visit us online: http://yoursweetretirement.com

If you haven’t hired a financial advisor yet, you may be wondering what it would cost you. There are different ways advisors charge their clients, but there can also be a cost to your portfolio by not hiring an advisor. 

In this episode we will be breaking down the different methods of payment to an advisor, what we feel works the best, and other costs to look out for. By the end of this podcast, you should have an idea of the ways an advisor can serve you, so you are making the most of your investments.

Check out what you’ll learn in this episode: 

·      What is the cost of doing business? (1:06) 

·      The pros and cons of the different ways to pay an advisor. (3:36)

·      The unexpected cost you might encounter in the financial world. (5:51)

·      How you can get a better understanding of the costs associated with your current collection of financial products. (8:28)      

For more, visit us online:http://yoursweetretirement.com 

For more, visit us online: http://yoursweetretirement.com

Most people don’t realize how many types of risks they need to guard themselves against when it comes to financial planning. Some aren’t even fully aware of the current risks they are taking!

Inflation rates may have you taking another look at your investment strategies. In this episode, we touch base on what you need to look out for as you reassess your current plan to protect your future. 

Check out what you’ll learn in this episode: 

·       What is market risk and how do you deal with it? (1:24)

·       Why you should be aware of interest rate risk. (4:00)

·       High inflation could mean you need to reassess your retirement plan. (5:06)

·       Longevity risk: Will you outlive your money? (7:19)

For more, visit us online:http://yoursweetretirement.com 

For more, visit us online: http://yoursweetretirement.com

Financial planning looks different for everyone as does our communication and interactions with people.  

Our meetings are designed to fit the needs and the personality style for each client, and while that’s not too different from person to person, there are a few distinct approaches. 

On this episode, we’ll take you inside the office and walk you through a typical periodic review we have and use examples for different types of people we work with. 

Check out what you’ll learn on this episode: 

·      What we discuss when a client is really into the data and numbers.  (2:33)

·      Where we focus when someone is family-focused and wants to leave a legacy.  (3:08)

·      How we guide someone that takes a hands-off approach with their money.  (5:37)

·      Working with people that have anxiety about money. (9:38)

For more, visit us online: http://yoursweetretirement.com 

For more, visit us online: http://yoursweetretirement.com

Which do you like hearing first: the good news or the bad news? 

 Hopefully, you aren’t receiving much bad news with your finances but there are specific situations where we can find a little of both. On this episode of the podcast, we’re going to discuss these scenarios and talk about why the good doesn’t always outweigh the bad.  

Check out what you’ll learn on this episode: 

·      The two reasons we often see for people that pay more in fees on their money. (2:33)

·      Why you don’t want to depend on Medicaid for long-term care in retirement. (3:57)

·      The conversations we’re having with clients right now that are concerned about the bear market. (6:50)

·      Why people have been calling about their 401(k) a lot recently. (8:23)

For more, visit us online: http://yoursweetretirement.com 

For more, visit us online: http://yoursweetretirement.com