We all tend to procrastinate from time to time, even when it comes to our finances. However, there are many things that we don’t want to put off addressing in our financial plan. On today’s episode, Phil will discuss 5 financial decisions that people tend to put off and whether it is okay to do so.
Read and get additional financial information: https://philstaxhacks.com/podcast/ep-104-can-you-put-off-these-financial-decisions/
What we discuss today:
0:39 – Catching up with Phil
1:59 – Deferring taxes
4:50 – Waiting to eliminate debt
6:48 – Legal and estate documents
9:30 – Delaying the start of social security
11:57 – Getting a plan
Ep 42: Traditional IRA vs. Roth IRA
Ep 41: Should You Follow Dave Ramsey’s Advice?
Ep 40: Critical Retirement Planning Mistakes
Ep 39: Financial Terms You Should Know During A Pandemic
Ep 38: Playing the Financial Crossword Puzzle
Ep 37: Best Intentions But Bad Advice?
Ep 36: Financial Truths You Can Depend On
Ep 35: Should You Take Money Out of Retirement Accounts While It's Penalty-Free?
Ep 34: How to Avoid Getting Lost in the Financial World
Ep 33: Coronavirus Update - CARES Act and Taxes
Ep 32: Preparing for the Stages Leading Up to Retirement
Ep 31: Coronavirus Market Update
Ep 30: What’s Your Desire To Retire?
Ep 29: Considering Your Emotions When Making Financial Decisions
Ep 28: How To Set Realistic Financial & Retirement Goals
Ep 27: Understanding the Pros & Cons of Roth Conversions
Ep 26: Traits Your Advisor Should Have
Ep 25: Will Retirement Age Continue to Rise?
Ep 24: Managing Cash & Debt in Retirement
Ep 23: Beware of Bias in Financial Media
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