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Are You Taking Too Much Risk with Your Retirement? (Ep. 13)
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Are you aiming to be rich in retirement or simply ensuring you won’t be poor?
In this episode, Ryan Thacker and Tyson Thacker tackle the pivotal question: Should your retirement plan chase risk for potential riches or focus on security to avoid poverty? They explore common financial myths that could jeopardize your retirement, especially if you don’t fully understand your risk tolerance. Listen in as they unravel the misconceptions surrounding financial planning and highlight the critical importance of reliable income over magic numbers.
Ryan & Tyson discuss:
- (05:31) The myth of the “magic number” for retirement savings and its pitfalls
- (07:04) Why “set it and forget it” isn’t a real plan
- (09:07) The misleading nature of average rates of return
- (13:09) How high risk doesn’t always translate to high reward
- (18:12) Real-life examples from the B.O.S.S. Retirement Blueprint, including the risk analysis of Bob and Carol
- And more
Resources:
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- Text BLUEPRINT to (435) 500-0665
- Call: (800) 769-7550
- or Click Here
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