Ep 138: Moving Your Retirement Goalposts: Is It Worth The Risk?

<p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;">Do you ever feel like your retirement planning goals are always moving? You're not alone. We’ve found that people often move the goalposts in their own retirement planning, often to their detriment. In this episode, we're diving deep into the psychology of retirement planning and the dangers of moving the goalposts. </span></p> <p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;">Whether you find yourself adding to your savings without acting towards investing or are always finding reasons to delay saving for retirement, we’ll discuss the common pitfalls that can prevent you from achieving your desired retirement outcome. Join us as we explore why constantly changing your retirement goals can be risky and how having a clear plan can help you secure a more flexible future.</span></p> <p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"> </p> <p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"> <strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black; border: none;"> On today’s show, here’s some of what you’ll learn:</span></strong></p> <ul> <li class="MsoNormal" style="border: none;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black; border: none; mso-bidi-font-weight: bold;"> How much cash do I need? <strong><em style= "mso-bidi-font-style: normal;">(2:46)</em></strong></span></li> <li class="MsoNormal" style="border: none;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black; border: none; mso-bidi-font-weight: bold;"> I’ll get serious about my savings next year. <strong><em style= "mso-bidi-font-style: normal;">(6: