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Money Mistakes You'll Regret and How to Avoid Them
Manage episode 381756003 series 3470804
“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” – Eleanor Roosevelt… Ever wish you could foresee financial missteps before they happen? In today’s episode explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you.
Here’s some of what we discuss in this episode:
- Avoiding premature IRA withdrawals
- Spending too much in your peak earning years + being aware of “lifestyle creep”
- Being mindful of overspending on your child's education
- The risks that come with retiring early without a proper plan
- The importance of your diversifying retirement savings across various tax buckets
Helpful Info:
Kyle's website: http://www.mokanwealth.com/
Phone: 913-257-3991
Subscribe to The Retire Ready Weekly Newsletter
Get more information on The Retire Ready Academy
Looking for personalized financial planning? Visit our website
Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.
113 episodios
Manage episode 381756003 series 3470804
“Learn from the mistakes of others. You can’t live long enough to make them all yourself.” – Eleanor Roosevelt… Ever wish you could foresee financial missteps before they happen? In today’s episode explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you.
Here’s some of what we discuss in this episode:
- Avoiding premature IRA withdrawals
- Spending too much in your peak earning years + being aware of “lifestyle creep”
- Being mindful of overspending on your child's education
- The risks that come with retiring early without a proper plan
- The importance of your diversifying retirement savings across various tax buckets
Helpful Info:
Kyle's website: http://www.mokanwealth.com/
Phone: 913-257-3991
Subscribe to The Retire Ready Weekly Newsletter
Get more information on The Retire Ready Academy
Looking for personalized financial planning? Visit our website
Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.
113 episodios
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