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Listen to Money Wisdom with Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® and gain key financial insights to help you make informed decisions for your future. Jake and Nick aim to provide clarity and guidance, addressing your questions and shining a light on the real financial challenges facing today’s retirees.

Aug 13, 2021

Conventional wisdom can be a great guide for investors but general guidance doesn’t always apply to each individual. There are exceptions for every rule and that’s what we want to discuss today. 

As part of our summer podcast series, we're going back to the most popular topics of the past year and revisiting them once again. 

 

Read more and get additional financial resources here: https://johnsonbrunetti.com/when-conventional-wisdom-in-retirement-doesnt-always-apply/ 

 

What we discuss on this episode: 

0:49 – Let’s start with conventional wisdom in retirement planning.

1:06 – “You can’t go wrong with real estate. They aren’t making any more of it.”

2:25 – “There’s good debt and bad debt. Mortgage debt is good debt”

3:40 – “Retirement is a chance to relax after an exhausting career.”

5:00 – “If your current investments are doing well, try something else.”

6:39 – If people need guidance on what to do, how can that happen?

10:11 – Shifting that mindset from accumulating to protecting.