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Feb. 3, 2022

186 Retirement Investment Tips For You To Consider

186 Retirement Investment Tips For You To Consider

Different people are experiencing different cycles of their lives financially, thus this episode speaks to young and mid-career people just getting started in their career and how their decisions today can secure them a solid and healthy retirement. Paul Lawrence Vann shares retirement tips that you may consider along your financial journey.

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Wealth Academy Podcast - Wealth Is More Than Just Money

Paul Lawrence Vann shares retirement investment tips and he encourages you to consult with a financial advisor, an investment firm, and or your accountant, these tips are for educational purposes. Keep these retirement investing tips in mind as you invest for your life's biggest and greatest financial goal.

Chances are that as soon as you start investing, you're thinking about retirement. If you aren't, you should be. There are few, if any, financial goals that require more legwork than saving and investing for retirement. This means, there are few, if any, financial goals that should come before investing for retirement. 

Know that putting retirement at the top of your to-buy list is not enough to guarantee you'll reach it fully funded. The good news is that investing for retirement is more science than art, with time-tested guidelines to help you through it. Here are a few tips for retirement investing to help turn your savings into a retirement income-producing nest egg.

Retirement Investment Tips:

  1. Stick to your plan.
  2. Start investing as early as possible, the sooner the better.
  3. Understand all of your available options.
  4. Have a spending and savings plan.
  5. Focus on returns net of fees and Taxes.
  6. Pay attention to how your fees are paid.
  7. Don't leave free money on the table.
  8. Partner with a retirement planning specialist and fiduciary.

There is more to consider but these tips represent a good start. Remember to conduct self-study as well because it will help you understand what a financial advisor and or investment firm discusses with you. Now go forward and work on your retirement plan, the sooner you start the better.

Tune in to listen to this episode with Paul Lawrence Vann and over 186 episodes of Wealth Academy Podcast at this link  https://bit.ly/3n84XSF

 

 



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