A home is a place where we depend on for stability and security, which is similar to our financial plan. Let’s explore the similarities even further by discussing each key element for building a house and what that would equate to in your retirement planning process.
Read more and get additional resources here: https://retirementplaybookpodcast.com/retirement-strategy/ep-11-keys-to-building-a-sturdy-financial-house/1245/
Today's show schedule:
1:02 – Thoughts on the shutdown and what’s changing.
4:08 – Let’s talk about home-building.
5:47 – What if you were building a financial house.
6:10 – We begin with the foundation. What’s the financial equivalent?
7:24 – Now let’s put up our walls. That’s an investment plan.
8:22 – Your roof would be the protection portions of your plan.
9:35 – The final piece is fine-tuning and personalization, which is estate planning.
12:00 – Putting all these parts together is why a comprehensive plan is so important.