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Unpack Your Financial Baggage

How to Battle the Misconceptions of Retirement Planning

Lou Melone

EPUB
ca. 11,99
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Schuler Books img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Allgemeines, Lexika

Beschreibung

Tens of millions of people are stampeding into re­tirement on their last major financial run expecting a retirement lifestyle of independence and dignity. Unfortunately, they are following a leader off a financial cliff, due to the traditions and habits that have led to a misunderstanding of long-term planning-not to mention the prehistoric cognitive bias that is tugging at their behavior.


In this case, the leader is not a person, but an archaic set of principles and practices hauled around in their minds by generations of misinformation and a culture that works against long-term planning. These ideas are packed into a mental suitcase that many people carry with them through retirement planning.


For up to sixty years you have been packing your suitcases - un­consciously - with inaccurate and unclear financial strategies and decisions. As you visualize your next thirty years, you have finally come to a realization that hits almost everyone at this point in life: it is time to repack my financial baggage to ensure our future; otherwise, my family and the generations thereafter will never get to where they want to go.

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Schlagwörter

business, retirement: personal finance, Retirement planning, finances