Hindsight is 20/20 in Financial Planning

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

Knowing what you know now, you’d probably go back and change some of your past decisions. Since that’s not possible, the next best thing is learning from other people’s mistakes. We all have things we wish we’d done differently, and today we’re going to share some of those scenarios where financial mistakes were made that don’t look so good in hindsight.

From the lessons of the 2008 crisis to understanding the risk in your investments, we walk you through real-life scenarios that can significantly impact your retirement plans. Tune in, and equip yourself with knowledge that could redefine your financial future in retirement.

Here are some of mistakes we can learn from:

• Investing too conservatively following a market crash and missing out on a big bull run
• Not understanding the risk in your portfolio until a down year happens.
• Making Social Security decisions without understanding your options.
• Wishing you put more money into a Roth IRA to avoid the tax time bomb in retirement.
• Retiring too early and realizing you have to go back to work.

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/