b'
Hey there, welcome back to another episode of The Retirement Answer Man. I\\u2019m Roger Whitney - THE Retirement Answer Man - and in case this is the first time you\\u2019ve ever wandered over to my show, welcome! I\\u2019m so glad you\\u2019re here. You\\u2019ve jumped right into the middle of my \\u201cRetirement Plan Live\\u201d series, where I\\u2019m helping a real life couple, James and Linda, do their very own retirement plan on the podcast for everyone to hear. You\\u2019ll hear lots of interesting things to consider as well as find out how you can play along and receive your own downloads to do your own retirement planning right alongside us. Find out more on this episode.
\\n\\xa0
\\nThe talking heads are saying that we\\u2019ve had the worst financial start to a new year since the great depression. That\\u2019s a comforting thought, isn\\u2019t it? But all kidding aside, an unstable time like this can be very unsettling on the average investor, and for all you above average folks too! So what should you think about a time like this? More importantly, what should you do? On this episode I\\u2019m going to walk you through a few things you should consider and give you some practical steps you can consider as well.
\\n\\xa0
\\n\\xa0
\\nIn my humble opinion, your net worth statement is one of the most vital documents you can use for your financial and retirement planning. It\\u2019s a quick, year to year snapshot of your financial picture that enables you to quickly see if you\\u2019re getting ahead or falling behind. On this episode you\\u2019re not only going to hear me explain what a net worth statement is, but I\\u2019m also going to do a real live example of how to create one, so make sure you listen to this episode.
\\n\\xa0
\\n\\xa0
\\nIf you don\\u2019t have an updated net worth statement, today is your lucky day. On this episode I walk Linda through the variables that need to be considered in calculating a net worth statement and I also share where you can get a handy dandy worksheet to help you create your own net worth statement. The New Year is a great time to get this document created so that you can begin to use it on an annual basis to keep track of your financial health.
\\n\\xa0
\\n\\xa0
\\nMany people (me included) get so busy with their careers and the responsibilities of life that they forget to invest in one of the most important, long-lasting resources they could have: friendships. I\\u2019d hate to see you facing retirement all alone, without a support system of good friends in place. On this episode I tell you my brief story of how I\\u2019ve begun to surround myself with friends and build good friendships, and how it can serve to equip you for the retirement stage of life.
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\nHOT TOPIC SEGMENT
\\n\\xa0
\\n\\xa0
\\nPRACTICAL PLANNING SEGMENT
\\n\\xa0
\\nTODAY\\u2019S SMART SPRINT SEGMENT
\\n\\xa0
\\n\\xa0
\\n\\xa0
\\nTHE \\u201cBE HAPPY\\u201d SEGMENT
\\n\\xa0
\\n\\xa0
\\nwww.RogerWhitney.com/RPL - Find out more about retirement plan live!
\\n\\xa0
\\nContact Roger: http://www.rogerwhitney.com/retirementanswers/
\\n\\xa0
\\nRoger\\u2019s retirement learning center: www.RogerWhitney.com/learn
\\n\\xa0
\\nThe Retirement Answer Man Facebook page: www.Facebook.com/RetirementAnswerMan
\\n
www.RogerWhitney.com/35 - The episode on market corrections.