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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.

Jul 28, 2023

Anytime a sentence begins with, “Well I heard,” it gets our attention because you never know what someone is about to ask us. People are bombarded by suggestions and recommendations every day so it’s no surprise that people always bring new ideas or beliefs to a meeting. We’re going to share some of these things people commonly hear and help explain why they don’t always apply to you.

 

Here are some of the things we discuss in this episode:

1:06 – You need to have at least a million dollars to retire

3:27 – You should start Social Security as early as you can

4:48 – The market is going to tank because [insert reason here]

6:16 – I should try to keep the house in divorce because it will comfort me emotionally

7:33 – Soon the dollar won’t be the world’s reserve currency anymore

 

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