Hindsight is 20/20: Avoiding Financial Mistakes in Retirement

Published: March 30, 2023, 9 a.m.

Knowing what we know now, past decisions might have been made differently. As the saying goes, hindsight is 20/20. When it comes to investing money, you don\u2019t want to make detrimental mistakes that will leave you wishing you\u2019d made different decisions in the past. In today\u2019s episode, we\u2019ll discuss why you shouldn\u2019t take the same financial risks in retirement as you might have in your 30s and 40s.\xa0

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Here\u2019s what we\u2019ll discuss on today\u2019s show:\xa0

  • An example of how investors can make emotional decisions. (0:30)
  • Not realizing how much risk you had moving into retirement. (5:33)
  • Wishing you waited to take Social Security options. (6:40)
  • Mailbag: Can I do a 1031 exchange? (10:50) \xa0\xa0\xa0\xa0\xa0
  • New major business coming to Virginia. (18:13)

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Get Additional Information: https://financialplanningva.com/podcast/

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