What are some of the biggest retirement misconceptions? Find out what why your time horizon is actually longer than you think, and you shouldn't get caught up in short term news.
In this episode of Decoding Retirement, Robert "Bob" Powell speaks with Nick Nefouse, Blackrock Head of LifePath, about the impact of choices made in the early stages of retirement, why social security going away is a misconception, and how to make choices in your retirement window. Find out all the details in this week's episode of Decoding Retirement.
Common retirement misconceptions (:40)
What are some of the biggest retirement misconceptions?
"If I think about retirement planning, it is almost always a long horizon."
Early retirement planning choices (4:15)
What are some small decisions that you can make early on for retirement planning?
"The rule of thumb is you want to save up to your company match."
The retirement window (16:40)
How to understand your retirement window
"Too often we think of retirement as a graduation date."
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Video highlights:
:40 - Retirement misconceptions
4:10 - Planning choices in early retirement
6:40 - Organizing savings
12:30 - Investing in private assets
15:40 - Shifting asset allocation responsibility
19:00 - Encore careers
21:00 - Retirement complexities
Retirement planning doesn’t mean locking up your money for a rainy day and forgetting about it. Planning your future means reacting to events today. Decoding Retirement gives you the tools to navigate the years ahead, and take action now!
Yahoo Finance's Decoding Retirement is hosted by Robert Powell, and produced by Austin Rivera.
Find more episodes of Decoding Retirement at http://goldberglawma.com/?id=videos/series/decoding-retirement.