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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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Aug 9, 2019

You’ve probably heard Joel Johnson reference The Money Map quite a bit on television or on this podcast, but what exactly is it? In this episode, we’ll go into some detail about the purpose of the book, what topics it covers, and some of the areas you’ll benefit. Plus, two listener questions get answered and four retirement myths get busted.

Check out the full show notes by clicking here.

Take a look at what you'll hear on this episode:

1:32 – What exactly will we find in The Money Map?

2:20 – Examples of the chapters you’ll find in the book.  

2:54 – Culture of greed, entitlement, and arrogance on Wall Street.

3:39 – How to use real estate in your investment portfolio.    

4:57 – Biggest mistake most people make in retirement.

6:37Listener Question: Do I need to invest some of my pension income to cover my lack of savings in retirement?

8:44Listener Question: Should my broker have more urgency about correcting my recent IRA losses since I’m 60-years-old?

10:53Retirement Myth #1: Don’t touch principal. Live off the interest.

12:08Retirement Myth #2: The more a financial plan weighs, the more valuable it is.         

13:25Retirement Myth #3: My life is simple, so all I need is a will and my affairs will be in order.

15:05Retirement Myth #4: After I’m gone, my spouse will be fine. I’m not worried about it.