Unfortunately, we all make mistakes from time to time. After years of working as financial advisors, Alan and Troy outline five of the most common mistakes people make with money. Building a strategy ahead of time can help you avoid these mistakes and get the most out of your money.
What strategy is in your best interest when it comes to your Social Security or retirement savings? Are you focusing on the right things with your investments? Have you assessed the amount of risk you are willing to take on? These are critical financial questions that demand careful consideration to ensure a secure financial future. Stay tuned as we dive into these topics and provide valuable insights that can help you achieve your financial goals.
Here's what you'll learn on today's show:
- Ignoring the future tax implications of your retirement savings. (1:17)
- Starting Social Security without a plan. (4:30)
- Focusing too much on returns instead of income. (8:13)
- Being too aggressive or too conservative with your investments. (11:37)
Get additional financial resources here: https://mercurioadvisors.com/podcasts/
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