Retirement Investing: Biggest Mistakes to Avoid That Could Cost You Thousands

Don’t wait until it’s too late: Are you making a decision in or nearing retirement that could put you on a path to run out of money? In this video, Troy Sharpe discusses several key financial decisions that come with butterfly effects on your retirement savings, and what those possible outcomes could be. Also, learn smart tips for navigating what to do when stock markets are down. Hint: It’s probably not your first gut reaction.
00:25 The Big Difference Between Accumulation and Retirement Phases
01:01 Am I On The Right Path In Retirement?
02:38 Making Quick, Emotional Decisions in A Down Stock Market
04:51 Fees vs. Potential Returns
05:49 Costly Fees Structures to Avoid in Retirement Planning
07:18 Doing It Yourself vs. Working With Someone You Trust
08:46 Fees That Actually Provide Value
09:14 The Route to More Opportunities in Retirement
10:17 How We Design our Retirement Success Plan Around Your Best Interests
11:40 Why Don’t Money Managers Move Money Around More In a Down Stock Market?
Do you need a Retirement Success Plan that goes beyond allocating funds to truly fit your needs? We can help you create a retirement life plan customized for your retirement vision and legacy. Call us at [phone] or fill out this form for a free consultation: click2retire.com/retirement-m...
Disclaimer:
This video discusses fixed-income investing and utilizes the 10-year U.S. treasury as a general representative fixed-income investment. Conclusions reached, opinions stated, and downside risks and potential returns presented should not be construed as applying to other types of bonds or fixed-income assets. Other types of fixed-income products carry different levels of risk and return potential and should be evaluated as an element of a diversified portfolio with your specific risk tolerance, investment objectives, and timeline in mind. Nothing in this video is investment advice, an investment recommendation, or an offer to buy or sell any security. Investing involves risk.
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[@Danyrivera-is9nw]

Wes M- when it comes to investing, there’s always a cost. There’s the cost of professional management. And there’s a cost of mismanagement- anywhere from not opportunistically rebalancing the portfolio based on changing market conditions to buying at the wrong time and selling at the wrong time.

[@OakHarvestFinancialGroup]

Thank you for the comment, @Dany Rivera!

[@wesm3848]

Talk about a hard sell for managing other peoples money!

[@rusy7406]

Agreed. Kind of sleazy