Podcasts Business Investing Your Money, Your Wealth Retirement Errors That Will Crush Your Investment Gains - 28

Retirement Errors That Will Crush Your Investment Gains - 28

Published: May 7, 2016, 6 p.m.

Learm how you can protect yourself from one of America\u2019s fastest growing crimes \u2013 identity theft. Plus, what\u2019s it going to cost you to retire? In episode 28 of the YMYW podcast, Joe and Al share three retirement errors that will crush your investment gains. Original publish date May 7, 2016 (hour 2). Note that content may be outdated as rules and regulations have changed.\xa0

00:00 - Intro

1:17 - \u201cIdentity theft is a real issue; we talk about it a lot on this show, especially when it comes to taxes and people filing fraudulent tax returns\u201d

2:17 - \u201cWe focus on consumer education\u2026educating the public on various issues related to identity crime and how to protect themselves\u201d

4:50 - \u201cLimit the amount of personal identifying documents that you carry with you every day\u201d

5:30 - \u201cRegularly monitor your bank statements and you should be checking your credit report several times a year\u2026also shred your mail\u201d

6:32 - \u201cGet yourself off the list for pre-approved offers\u201d

7:18 - \u201cSecure your phone, tablet, your computer and understand all those pieces of hardware have lots of sensitive information about you\u201d

11:28 - Identity Theft Resource Center contact info

21:42 - \u201cIf you\u2019re married, there are certain marital benefits \u2013 first of all, if you file a joint tax return and be in a lower tax bracket. For Social Security, if one spouse passes then you get to keep the higher of the benefits\u201d

32:07 - \u201cThere are many mistakes you can make as a retirement investor. I want to focus on three retirement errors investors make all the time\u201d

34:27 - \u201cIt\u2019s crucial to save for retirement but equally important to enter retirement debt-free\u201d