Aug 13, 2021
Conventional wisdom can be a great guide for investors but general guidance doesn’t always apply to each individual. There are exceptions for every rule and that’s what we want to discuss today.
As part of our summer podcast series, we're going back to the most popular topics of the past year and revisiting them once again.
Read more and get additional financial resources here: https://johnsonbrunetti.com/when-conventional-wisdom-in-retirement-doesnt-always-apply/
What we discuss on this episode:
0:49 – Let’s start with conventional wisdom in retirement planning.
1:06 – “You can’t go wrong with real estate. They aren’t making any more of it.”
2:25 – “There’s good debt and bad debt. Mortgage debt is good debt”
3:40 – “Retirement is a chance to relax after an exhausting career.”
5:00 – “If your current investments are doing well, try something else.”
6:39 – If people need guidance on what to do, how can that happen?
10:11 – Shifting that mindset from accumulating to protecting.