Do you know the difference between a financial myth and financial reality? When you make a plan for your future, you want to make sure it is based on what’s true. We’ll talk through four ideas to discover whether they are myths and real.
Check out the show notes for this episode here. ----more----
1:14 - Myth or Bust: The more a financial plan weighs, the more valuable it is.
4:08 - Myth or Bust: My life is simple, so all I need is a will.
5:20 - Make sure the people you are leaving money to know it will be there to claim.
6:40 - Myth or Bust: My spouse will only need half as much income when I’m gone.
8:49 - Myth or Bust: When I retire, I need to dramatically shift from stocks to bonds in my portfolio.