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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 17, 2021

You probably already know that financial planning comes in all different types of investments, but did you know that planning also changes depending on where you are in life? Strategies earlier in your life need to change as you approach your retirement date and there are a few important factors to keep in mind.


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What we discuss in this episode: 

0:40 – Introducing today’s topic.

1:00 – When should you take Social Security? It’s important to question conventional wisdom.

3:34 – Be careful with comprehensive financial plans that big companies often offer.

5:33 – Ask your financial advisor to show you their financial portfolio and credentials. Don’t take advice from someone that doesn’t have assets of their own.     

6:35 – Many plans are mostly boilerplate.

8:37 – How do you find that target retirement date? Is it age or assets?

10:30 – Understand that there are so many factors going into retirement, not just a number.

11:37 – How the Money Map retirement review helps clients figure this out.