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Listen to Johnson Brunetti's Money Wisdom with Joel Johnson CFP®, host of Better Money Television program and Forbes Contributor. Gain true financial wisdom and advice aimed at educating you about all of your financial options when it comes to retirement so you can make the best decisions for you and your family. Get information and education that can bring you peace of mind with your savings and retirement. Whether it’s your 401k account, IRA, or an underperforming asset, Joel Johnson can answer your questions and make you more aware of issues that may affect you.

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Dec 20, 2019

With as many things in life that aren’t within our control, why wouldn’t we at least take care of the things that we can? Too many times we sabotage our own financial health by messing up the things that we can control so we’re going to help you identify those mistakes today and make sure your retirement stays on track.


Full Show Notes and Additional Resources: 


Today's Rundown: 

0:17 – Johnson Brunetti sponsors big holiday light event every year.  

1:28 – In the News: A list of the 20 best places to retire abroad was published. Do any of Joel’s clients retire abroad?

4:14 – Financial self-sabotage is our main topic today and here’s how people do it.

4:42 – Obsessing about short term ups and downs in the market to their detriment.

7:25 – Starting Social Security at the wrong time.

8:59 – Pretending that the risk of a nursing home is too far in the future and something you don’t need to worry about right now.  

10:04 – Assuming that just because you like your job right now, you’ll like it forever.

11:02 – Not identifying how you want to spend your retirement.  

12:31 – Having a financial plan can help you avoid these missteps.

14:34 – Mailbag question: My grandfather always told me that the best investment you can make is dirt. Now I’m land rich and cash poor. A developer made an offer for $1.2 million for some of my property. What should I invest in next rather than more real estate?  

17:06 – Mailbag question: I just started a new job and won’t be eligible for the company 401k until I’ve been here six months. Where should I be saving money in the meantime?

19:16 – Mailbag question: I own my own business and probably re-invest too much into the business instead of saving for retirement. How much should I be saving every year?