Bad Money Habits Could Spoil Your Retirement Party

Picture this: You're at your retirement party, finally ready to enjoy your golden years, but worries caused by some bad money habits have robbed you of fully enjoying the sweetness of the day. It happens to more people than you think, which is unfortunate because with just a little bit of modification, you can rid some of the worst money habits from your life and set yourself up for retirement success.

Today we want to highlight a few of these bad habits and hear from Wade on how we can make changes that will impact us over the long-term. We’re all human and we all going to make errors but it’s about how we handle ourselves in those situations. So we’ll take you through nine common mistakes that we see people make.

 

Here are some things we discuss in this episode:

• Why you don’t want to completely ignore your account statements.
• Don’t pretend like nursing home care is something you won’t need to deal with.
• Are you investing emotionally rather than strategically.
• Why people dip into emergency money to cover non-emergencies.

 

Get in touch with Chessman Wealth: https://www.chessmanwealth.com/ 

 

The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.

Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.