July 17, 2025 • 27 mins
#SafeMoney #JonHeischmanSr #Procrastination
Procrastination is one of the leading issues for those approaching retirement age and host Jon Heischman, Senior talks about strategies and methods to take action.
Call Jon at (888) 426-0177 with questions, comments or to get a free copy of Top 10 IRA Mistakes and How to Avoid Tax Traps. Visit www.heischmanfs.com/ for additional information.
Procrastination is one of the leading issues for those approaching retirement age and host Jon Heischman, Senior talks about strategies and methods to take action.
Call Jon at (888) 426-0177 with questions, comments or to get a free copy of Top 10 IRA Mistakes and How to Avoid Tax Traps. Visit www.heischmanfs.com/ for additional information.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
People really don't know what their expenses will because they
don't know how long that they're going to live.
Speaker 2 (00:06):
The Americans are worried they won't have enough safe for retirement.
Speaker 1 (00:09):
Now more than.
Speaker 3 (00:09):
Ever, retirement's going to cost for many folks.
Speaker 1 (00:12):
Over a million dollars.
Speaker 4 (00:14):
Is no short thing in investing, but a lot of
people think that annuities may come close to that. It's
going to more safe, safe, safe, safe things that they know.
If they know they're going to need that money to
supplement their retirement, well then you can't play that rest.
Speaker 3 (00:27):
This is the Safe Money and Retirement Show. But John
Heischman senior founder and partner of Heisman Financial Services serving
the Columbus and surrounding areas. John specializes in educating pre
retirees and retirees about safe money strategies and ideas. Now
is the Safe Money and Retirement Show. Here's John Heischman, Senior.
Speaker 1 (00:49):
Motion is better than meditation. Good morning, This is John Heischman,
the host of the Safe Money and Retirement Show. Thanks
for tuning in. Let's talk about that statement. Motion is
better than meditation. Many people procrastinate even when they know
(01:15):
they need to do something and take action, but continue
to think about it and delay the decision for some
reason or find excuses not to take action. I want
to talk about that because, in my opinion, procrastination is
(01:39):
probably the single biggest enemy of retirees. It's the one
action that is a total lack of action. Knowledge is
worthless if it isn't used. Understanding and wisdom don't mean
(02:02):
anything if they don't lead to results, and results won't
happen if you don't take action. The amazing thing is
that no matter how many times we say this, how
many times we repeat this message over and over and
(02:26):
try to motivate individuals into taking action, many people still
don't do anything. It could be that it's a fear
of the unknown that paralyzes an individual, kind of like
(02:46):
a deer staring at headlights in the road. Maybe they're
confused and as a result don't want to take any action.
Maybe they've listen to advice from other people, friends, relatives,
(03:07):
and financial people that is so contradictory and confusing. They
don't know what to do, and the end result is
they don't do anything at all. And it very well
could be that maybe an individual is afraid of taking
(03:30):
a portion of their money out of the bank. Maybe
they've never used certain investments or savings accounts before, so
this is a whole new situation. Maybe they've never really
had investments or never had a diversified retirement portfolio, or
(03:58):
it could be they haven't rece searched all the different
options that are available for retirement income. If you're in
this situation, or I've described your situation of putting off planning,
(04:18):
I encourage you to contact me at eight eight eight
four to two six zero one seven seven triple eight
four to two six zero one seven seven, because it
costs nothing to schedule a meeting or a telephone call,
(04:44):
a conversation over the phone to discuss your situation, also
your concerns, the reasons you have procrastinated, and to make
sure you're on track for your future retirement when you
(05:06):
really think about it. If what you're doing right now
isn't working, or if your intuition or instinct or actual
results tell you it won't work, then you have to
change what you're doing again. At least have your situation reviewed,
(05:32):
be familiar with the different options. Get another opinion by
sitting down with me having a casual conversation without going
into graphs, booklets, products, nothing, just a casual conversation about concerns,
(06:01):
what's on your mind and are you prepared for the future.
Getting started or getting going is probably the tough part
about planning, and once that initial move is made and
the momentum has started, the rest is actually pretty easy.
(06:26):
I think that many times retirement planning has the connotation
that it's very difficult, very detailed, a lot of work,
and it actually is not. All the work and the
details are something I have to do in order to
(06:48):
present ideas or solutions for each individual's situation. What does
it take to get started again? In my opinioninion, it
really isn't that difficult. The single most important act for
people to start planning is to actually start planning. I
(07:12):
may be making that sound very basic, but I've discovered
that if I can help people get into the so
called first gear, take some small actions like gathering their
financial papers, doing a review for them, the rest of
(07:39):
the planning falls into place. So really all you have
to do is to get your stuff together. But keep
in mind that is not needed when we first meet,
and I'll repeat what I mentioned earlier, the first meeting
(08:02):
is a get together, get appointed and see if we're
a good match, then we go to the next step.
If it's something you want to do. Many people I
talk to it actually takes months for us to get together,
(08:23):
and I think that's putting off their questions and their concerns.
I have a lot of radio listeners that have listened
to my show for a year, maybe longer, but finally
decide to call with their questions or to schedule a
(08:47):
meeting because of a particular situation. They're ready to get
a second opinion, or they have a four to oh
one k count that needs to be rolled over, or
there is a life changing event that may create a
(09:11):
change in their plan. But whatever the case may be,
I want to make it simple and I want my
listeners to feel comfortable about contacting me four questions for
scheduling a meeting about their retirement and their concerns about
(09:34):
the future. That number again is eight eight eight four
two six zero one seven seven triple eight four two
six zero one seven seven. Please visit my website www.
(09:57):
Dot Heishmann f S dot com and that is spelled
h Ei s ch m a n f S dot com.
It's really interesting how I see people breathe a sigh
(10:19):
of relief when they finally take that first step and
stop putting off what they've wanted to do for a
year or so. Something to think about. Motion is better
than meditation. The definition of insanity is doing the same
(10:44):
thing you've always done before and expecting different results. The
most single important act for people to start planning is
to actually start planning. The best plan is worthless if
(11:06):
it's not put into action. So I wanted to throw
those in. I thought you'd get a kick out of those,
But it really does take that first step towards planning
or to get the satisfaction of knowing there just could
(11:30):
be some simple changes that would make all the difference,
or you don't need any additional planning. I talk to
people that are in great shape, and I can honestly
tell them you don't need to do anything, just continue
(11:51):
as is for now. I feel an honest opinion is
better than no opinion at all. There's a lot of
people that are not prepared for retirement or the future
years of their retirement. The new statistics is as high
(12:12):
as fifty percent. So if you've put off making that
first move, let me know I'm here to help in
any way I can a day date four two six
zero one seven seven. I'm going to take a short
break at this time, but stay with me. I'll be
(12:33):
right back.
Speaker 5 (12:36):
Thanks for listening to The Safe Money and Retirement Show
with John Heischman. For more information, call one eight eight
eight four two six zero one seventy seven. That's one
eight eight eight four two six zero one seven seven,
or visit their website at heismanfs dot com more of
The Safe Money and Retirement Show.
Speaker 1 (12:56):
In a moment, you have spent your entire working life
hoping what you put into your retirement accounts will help
you live comfortably once you leave the workforce and go
(13:16):
into retirement. The key word in that sentiment, and the
word that can make retirement feel like a looming problem
instead of a rewarding life stage, is the word hope.
You hope that you'll have enough money. Hope has no
(13:40):
place in retirement planning. So we want to eliminate the
hope and change that to I know I will have
enough money for retirement. The bottom line is you need
to be focused with a well executed plan. Leaving your
(14:02):
retirement up to chance is not an option by any standard,
but with information tools and professional guidance. Creating a successful
retirement plan will put you in control of your financial management.
(14:23):
This is John Heischmann from the Safe Money and Retirement Show.
I can help if you'd like to schedule a telephone
conversation or a face to face meeting. Call a day
D eight four two six zero one seven seven triple
eight four to two six zero one seventy seven.
Speaker 4 (14:51):
Life expectancy is at all time highs, so that means
you've got a fugitive plan for at any age. If
you have longevity in your family, treat the union financial
education from someone with the experience and knowledge to guide
you into and through your retirement years. John Heisman and
the folks at Heishman Financial Services are committed to helping
you achieve your retirement goals with a low key and
(15:12):
trustworthy approach. Call Heisman Financial Services today to get started
on your retirement future. Call one triple eight four two
six zero one seven seven. That's one eight eight eight
four two six zero one seven seven. Heishman Financial Services
has your future in mind.
Speaker 6 (15:40):
Avoiding mistakes can save owners of iras, four one KS
and TSP plans, as well as other retirement plans.
Speaker 2 (15:53):
A fortune and taxes, penalties, fees and loads. These potential
mistakes are addressed in the free book entitled Top ten
IRA Mistakes. This is John Heischman from the Safe Money
and Retirement Show, offering a complimentary copy by calling eight
(16:17):
eight eight four two six zero one seven seven. Again
that's triple eight four two six zero one seven seven.
Speaker 5 (16:38):
Welcome back to the Safe Money and Retirement Show with
John Heischman. To contact John, the number to call is
one eight eight eight or two six zero one seven seven.
That's one eight eight eight or two six zero one
seven seven. Once again, here's John Heisman.
Speaker 1 (16:57):
Welcome back to this morning's show. I'm your host, John Heischmann.
Before I get started, I want to remind everyone of
the books available, Top ten IRA Mistakes. I think it's
a very important book. It's my complimentary gift to you,
(17:22):
so let me know if you'd like a copy eight
eight eight four two six zero one seven seven. I'll
give you that number again, triple eight four to two
six zero one seven seven. Be sure to give your
home address or where you would like the book mailed to.
(17:48):
It's an easy read, and as I mentioned, I think
it's very important going forward. I want to talk about
common sense and technology knowledge as far as investments, because
some people in the investment world make things very confusing
(18:14):
and complicated, and the result is the average person doesn't
know what's going on or gets confused.
Speaker 5 (18:25):
My point is.
Speaker 1 (18:27):
That getting the technical knowledge is easy, it's all over
the internet, it's in books, articles, But coming up with
common sense techniques can be very difficult and it's also rare.
(18:47):
But unfortunately, a lot of the technical knowledge fails to
talk about guarantees, which often it may eliminate or reduce
one type of risk, but on the other hand, it
can cause even greater risk. The best example that I
(19:12):
can give would be bank money such as CDs, savings
account checking accounts, where you have guarantees of your principle,
but you have no guarantees against loss of purchasing power
(19:33):
or loss by taxation. Keep in mind, I'm not saying
you shouldn't have money in these places. In the retirement
planning process, it's extremely important that you have savings account
checking accounts, for example, money in the bank, but we
(19:58):
get to the point how how much should be in there.
My article that I offer, The Color of Money, addresses
this very situation, and it also gives examples of a
hypothetical plan as to how much should be in that category,
(20:23):
which I call yellow money, and how much should be
in the other colors representing more growth, guaranteed lifetime income,
and money at risk. There must be a diversified portfolio
and investments that's going to provide the income, opportunity for growth,
(20:49):
hedges against inflation, and gives you the best chance of
realizing your goals so you can have a secure and
peace of mind retirement. You're not going to have this
with too much money in the bank, So in my planning,
(21:12):
we're going to use common sense an approach to investing
which will allow you to feel secure about your retirement
and cover future income needs later on in retirement. When
I talk about diversification, we're basically separating your money by
(21:38):
type of investment category and areas of the economy or
world geographically or socially. Diversification can be based on maturities,
income streams, or any other of a number of factors.
(22:00):
Diversification allows you to adjust your plan at any given time,
which if we diversify, we're not putting all of our
eggs in one basket. Talk about risk, it can be
(22:20):
classified as the loss of principle, loss of purchasing power, inflation,
losing money due to inflation, which is probably the most
misunderstood and largest risk retirees face. It can destroy a
(22:46):
retirement plan more often than the loss of principle, and
then of course the risk of taxation. All of these
must be addressed. All of your eggs in one basket
is not going to address these risk factors which will
(23:09):
make all the difference in your retirement plan. So I
say to you this that if you're not sure that
you're diversified correctly, or maybe you need a second opinion,
the great thing is it costs you nothing, and I
(23:33):
give the guarantee that there is no obligation. The sooner
you address this issue, the better off you're going to
be in retirement, not only from a money standpoint, but
from an emotional standpoint as well. Ada to eight four
(23:57):
two six zero one seven seven triple eight four two
six zero one seventy seven. I like to go one
step further in my plans for clients covering the area
(24:17):
of insurance protection. Protecting your retirement assets. Whether or not
you decide to address the protection area of retirement planning
obviously is up to you, because typically there is a
(24:38):
cost many can't afford to allocate additional dollars towards the
cost of protection such as life insurance, long term care,
adequate health insurance, being able to cover out of pocket
(25:01):
costs like deductibles, copays, income replacement in the event of
a disability, and the right liability coverage with your homeowner
and automobile insurance. Having an insurance background years ago prior
(25:24):
to getting into retirement and financial planning gives me an
edge as far as being aware of the protection aspect
in retirement planning. My main concern is that all of
my clients are at least aware of how to protect
(25:46):
retirement assets. And again, whether or not they move forward
to get the adequate coverage, it's up to them and
it's up to their budget. I'm at the end of
the show already. I wish I had another couple of
hours to talk to you this morning, but I don't,
(26:07):
so tune in next week, same time, same station for
the Safe Money and Retirement Show. Thank you for joining
me this.
Speaker 3 (26:19):
Morning, The Safe Money and Retirement Show, John Heisman Senior.
To get in touch with John, call one eight four
two six zero one seven seven. That's one triple eight
four two six zero one seven seven. For more information
about Heisman Financial Services, visit their website Heisman f S
(26:41):
dot com. That's h E I S C h m
A n f S dot com. Join us again next
time for the Safe Money and Retirement Show with John
Heisman Senior
People really don't know what their expenses will because they
don't know how long that they're going to live.
Speaker 2 (00:06):
The Americans are worried they won't have enough safe for retirement.
Speaker 1 (00:09):
Now more than.
Speaker 3 (00:09):
Ever, retirement's going to cost for many folks.
Speaker 1 (00:12):
Over a million dollars.
Speaker 4 (00:14):
Is no short thing in investing, but a lot of
people think that annuities may come close to that. It's
going to more safe, safe, safe, safe things that they know.
If they know they're going to need that money to
supplement their retirement, well then you can't play that rest.
Speaker 3 (00:27):
This is the Safe Money and Retirement Show. But John
Heischman senior founder and partner of Heisman Financial Services serving
the Columbus and surrounding areas. John specializes in educating pre
retirees and retirees about safe money strategies and ideas. Now
is the Safe Money and Retirement Show. Here's John Heischman, Senior.
Speaker 1 (00:49):
Motion is better than meditation. Good morning, This is John Heischman,
the host of the Safe Money and Retirement Show. Thanks
for tuning in. Let's talk about that statement. Motion is
better than meditation. Many people procrastinate even when they know
(01:15):
they need to do something and take action, but continue
to think about it and delay the decision for some
reason or find excuses not to take action. I want
to talk about that because, in my opinion, procrastination is
(01:39):
probably the single biggest enemy of retirees. It's the one
action that is a total lack of action. Knowledge is
worthless if it isn't used. Understanding and wisdom don't mean
(02:02):
anything if they don't lead to results, and results won't
happen if you don't take action. The amazing thing is
that no matter how many times we say this, how
many times we repeat this message over and over and
(02:26):
try to motivate individuals into taking action, many people still
don't do anything. It could be that it's a fear
of the unknown that paralyzes an individual, kind of like
(02:46):
a deer staring at headlights in the road. Maybe they're
confused and as a result don't want to take any action.
Maybe they've listen to advice from other people, friends, relatives,
(03:07):
and financial people that is so contradictory and confusing. They
don't know what to do, and the end result is
they don't do anything at all. And it very well
could be that maybe an individual is afraid of taking
(03:30):
a portion of their money out of the bank. Maybe
they've never used certain investments or savings accounts before, so
this is a whole new situation. Maybe they've never really
had investments or never had a diversified retirement portfolio, or
(03:58):
it could be they haven't rece searched all the different
options that are available for retirement income. If you're in
this situation, or I've described your situation of putting off planning,
(04:18):
I encourage you to contact me at eight eight eight
four to two six zero one seven seven triple eight
four to two six zero one seven seven, because it
costs nothing to schedule a meeting or a telephone call,
(04:44):
a conversation over the phone to discuss your situation, also
your concerns, the reasons you have procrastinated, and to make
sure you're on track for your future retirement when you
(05:06):
really think about it. If what you're doing right now
isn't working, or if your intuition or instinct or actual
results tell you it won't work, then you have to
change what you're doing again. At least have your situation reviewed,
(05:32):
be familiar with the different options. Get another opinion by
sitting down with me having a casual conversation without going
into graphs, booklets, products, nothing, just a casual conversation about concerns,
(06:01):
what's on your mind and are you prepared for the future.
Getting started or getting going is probably the tough part
about planning, and once that initial move is made and
the momentum has started, the rest is actually pretty easy.
(06:26):
I think that many times retirement planning has the connotation
that it's very difficult, very detailed, a lot of work,
and it actually is not. All the work and the
details are something I have to do in order to
(06:48):
present ideas or solutions for each individual's situation. What does
it take to get started again? In my opinioninion, it
really isn't that difficult. The single most important act for
people to start planning is to actually start planning. I
(07:12):
may be making that sound very basic, but I've discovered
that if I can help people get into the so
called first gear, take some small actions like gathering their
financial papers, doing a review for them, the rest of
(07:39):
the planning falls into place. So really all you have
to do is to get your stuff together. But keep
in mind that is not needed when we first meet,
and I'll repeat what I mentioned earlier, the first meeting
(08:02):
is a get together, get appointed and see if we're
a good match, then we go to the next step.
If it's something you want to do. Many people I
talk to it actually takes months for us to get together,
(08:23):
and I think that's putting off their questions and their concerns.
I have a lot of radio listeners that have listened
to my show for a year, maybe longer, but finally
decide to call with their questions or to schedule a
(08:47):
meeting because of a particular situation. They're ready to get
a second opinion, or they have a four to oh
one k count that needs to be rolled over, or
there is a life changing event that may create a
(09:11):
change in their plan. But whatever the case may be,
I want to make it simple and I want my
listeners to feel comfortable about contacting me four questions for
scheduling a meeting about their retirement and their concerns about
(09:34):
the future. That number again is eight eight eight four
two six zero one seven seven triple eight four two
six zero one seven seven. Please visit my website www.
(09:57):
Dot Heishmann f S dot com and that is spelled
h Ei s ch m a n f S dot com.
It's really interesting how I see people breathe a sigh
(10:19):
of relief when they finally take that first step and
stop putting off what they've wanted to do for a
year or so. Something to think about. Motion is better
than meditation. The definition of insanity is doing the same
(10:44):
thing you've always done before and expecting different results. The
most single important act for people to start planning is
to actually start planning. The best plan is worthless if
(11:06):
it's not put into action. So I wanted to throw
those in. I thought you'd get a kick out of those,
But it really does take that first step towards planning
or to get the satisfaction of knowing there just could
(11:30):
be some simple changes that would make all the difference,
or you don't need any additional planning. I talk to
people that are in great shape, and I can honestly
tell them you don't need to do anything, just continue
(11:51):
as is for now. I feel an honest opinion is
better than no opinion at all. There's a lot of
people that are not prepared for retirement or the future
years of their retirement. The new statistics is as high
(12:12):
as fifty percent. So if you've put off making that
first move, let me know I'm here to help in
any way I can a day date four two six
zero one seven seven. I'm going to take a short
break at this time, but stay with me. I'll be
(12:33):
right back.
Speaker 5 (12:36):
Thanks for listening to The Safe Money and Retirement Show
with John Heischman. For more information, call one eight eight
eight four two six zero one seventy seven. That's one
eight eight eight four two six zero one seven seven,
or visit their website at heismanfs dot com more of
The Safe Money and Retirement Show.
Speaker 1 (12:56):
In a moment, you have spent your entire working life
hoping what you put into your retirement accounts will help
you live comfortably once you leave the workforce and go
(13:16):
into retirement. The key word in that sentiment, and the
word that can make retirement feel like a looming problem
instead of a rewarding life stage, is the word hope.
You hope that you'll have enough money. Hope has no
(13:40):
place in retirement planning. So we want to eliminate the
hope and change that to I know I will have
enough money for retirement. The bottom line is you need
to be focused with a well executed plan. Leaving your
(14:02):
retirement up to chance is not an option by any standard,
but with information tools and professional guidance. Creating a successful
retirement plan will put you in control of your financial management.
(14:23):
This is John Heischmann from the Safe Money and Retirement Show.
I can help if you'd like to schedule a telephone
conversation or a face to face meeting. Call a day
D eight four two six zero one seven seven triple
eight four to two six zero one seventy seven.
Speaker 4 (14:51):
Life expectancy is at all time highs, so that means
you've got a fugitive plan for at any age. If
you have longevity in your family, treat the union financial
education from someone with the experience and knowledge to guide
you into and through your retirement years. John Heisman and
the folks at Heishman Financial Services are committed to helping
you achieve your retirement goals with a low key and
(15:12):
trustworthy approach. Call Heisman Financial Services today to get started
on your retirement future. Call one triple eight four two
six zero one seven seven. That's one eight eight eight
four two six zero one seven seven. Heishman Financial Services
has your future in mind.
Speaker 6 (15:40):
Avoiding mistakes can save owners of iras, four one KS
and TSP plans, as well as other retirement plans.
Speaker 2 (15:53):
A fortune and taxes, penalties, fees and loads. These potential
mistakes are addressed in the free book entitled Top ten
IRA Mistakes. This is John Heischman from the Safe Money
and Retirement Show, offering a complimentary copy by calling eight
(16:17):
eight eight four two six zero one seven seven. Again
that's triple eight four two six zero one seven seven.
Speaker 5 (16:38):
Welcome back to the Safe Money and Retirement Show with
John Heischman. To contact John, the number to call is
one eight eight eight or two six zero one seven seven.
That's one eight eight eight or two six zero one
seven seven. Once again, here's John Heisman.
Speaker 1 (16:57):
Welcome back to this morning's show. I'm your host, John Heischmann.
Before I get started, I want to remind everyone of
the books available, Top ten IRA Mistakes. I think it's
a very important book. It's my complimentary gift to you,
(17:22):
so let me know if you'd like a copy eight
eight eight four two six zero one seven seven. I'll
give you that number again, triple eight four to two
six zero one seven seven. Be sure to give your
home address or where you would like the book mailed to.
(17:48):
It's an easy read, and as I mentioned, I think
it's very important going forward. I want to talk about
common sense and technology knowledge as far as investments, because
some people in the investment world make things very confusing
(18:14):
and complicated, and the result is the average person doesn't
know what's going on or gets confused.
Speaker 5 (18:25):
My point is.
Speaker 1 (18:27):
That getting the technical knowledge is easy, it's all over
the internet, it's in books, articles, But coming up with
common sense techniques can be very difficult and it's also rare.
(18:47):
But unfortunately, a lot of the technical knowledge fails to
talk about guarantees, which often it may eliminate or reduce
one type of risk, but on the other hand, it
can cause even greater risk. The best example that I
(19:12):
can give would be bank money such as CDs, savings
account checking accounts, where you have guarantees of your principle,
but you have no guarantees against loss of purchasing power
(19:33):
or loss by taxation. Keep in mind, I'm not saying
you shouldn't have money in these places. In the retirement
planning process, it's extremely important that you have savings account
checking accounts, for example, money in the bank, but we
(19:58):
get to the point how how much should be in there.
My article that I offer, The Color of Money, addresses
this very situation, and it also gives examples of a
hypothetical plan as to how much should be in that category,
(20:23):
which I call yellow money, and how much should be
in the other colors representing more growth, guaranteed lifetime income,
and money at risk. There must be a diversified portfolio
and investments that's going to provide the income, opportunity for growth,
(20:49):
hedges against inflation, and gives you the best chance of
realizing your goals so you can have a secure and
peace of mind retirement. You're not going to have this
with too much money in the bank, So in my planning,
(21:12):
we're going to use common sense an approach to investing
which will allow you to feel secure about your retirement
and cover future income needs later on in retirement. When
I talk about diversification, we're basically separating your money by
(21:38):
type of investment category and areas of the economy or
world geographically or socially. Diversification can be based on maturities,
income streams, or any other of a number of factors.
(22:00):
Diversification allows you to adjust your plan at any given time,
which if we diversify, we're not putting all of our
eggs in one basket. Talk about risk, it can be
(22:20):
classified as the loss of principle, loss of purchasing power, inflation,
losing money due to inflation, which is probably the most
misunderstood and largest risk retirees face. It can destroy a
(22:46):
retirement plan more often than the loss of principle, and
then of course the risk of taxation. All of these
must be addressed. All of your eggs in one basket
is not going to address these risk factors which will
(23:09):
make all the difference in your retirement plan. So I
say to you this that if you're not sure that
you're diversified correctly, or maybe you need a second opinion,
the great thing is it costs you nothing, and I
(23:33):
give the guarantee that there is no obligation. The sooner
you address this issue, the better off you're going to
be in retirement, not only from a money standpoint, but
from an emotional standpoint as well. Ada to eight four
(23:57):
two six zero one seven seven triple eight four two
six zero one seventy seven. I like to go one
step further in my plans for clients covering the area
(24:17):
of insurance protection. Protecting your retirement assets. Whether or not
you decide to address the protection area of retirement planning
obviously is up to you, because typically there is a
(24:38):
cost many can't afford to allocate additional dollars towards the
cost of protection such as life insurance, long term care,
adequate health insurance, being able to cover out of pocket
(25:01):
costs like deductibles, copays, income replacement in the event of
a disability, and the right liability coverage with your homeowner
and automobile insurance. Having an insurance background years ago prior
(25:24):
to getting into retirement and financial planning gives me an
edge as far as being aware of the protection aspect
in retirement planning. My main concern is that all of
my clients are at least aware of how to protect
(25:46):
retirement assets. And again, whether or not they move forward
to get the adequate coverage, it's up to them and
it's up to their budget. I'm at the end of
the show already. I wish I had another couple of
hours to talk to you this morning, but I don't,
(26:07):
so tune in next week, same time, same station for
the Safe Money and Retirement Show. Thank you for joining
me this.
Speaker 3 (26:19):
Morning, The Safe Money and Retirement Show, John Heisman Senior.
To get in touch with John, call one eight four
two six zero one seven seven. That's one triple eight
four two six zero one seven seven. For more information
about Heisman Financial Services, visit their website Heisman f S
(26:41):
dot com. That's h E I S C h m
A n f S dot com. Join us again next
time for the Safe Money and Retirement Show with John
Heisman Senior
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