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Planning for your retirement is not black and white. It’s not cookie-cutter, or one-size-fits-all.
And because there is no universal template when it comes to retirement planning, it’s important that your plan is tailored to your lifestyle and how you envision your post-work life.
In this episode, Michelle provides ten strategies to help you avoid common retirement planning mistakes. Listen in as she stresses the importance of having an adequate emergency fund, not selling investments during market downturns, and what you should know about holding too many scattered accounts, or holding too much of one company’s stock.
Gain insight as Michelle discusses:
- How to build an emergency fund using modern-day strategies and tools
- Diversifying your investments and how to avoid concentration risk
- Misconceptions about renting versus owning a home
- The importance of paying yourself first while eliminating any debts
- Benefits of having your investments and accounts managed by one advisor
- And more
Related: Master Your Tax Planning for Retirement with Sarah Brenner