When it comes to our finances, there are certain things that we shouldn't wait to address. A few of the most common things people tend to put off in their finances include taxes in retirement planning, paying off debt, Social Security, and making a financial plan. Whether you can wait on some of these topics will depend a lot on your situation. Mike is going to discuss some general rules and advice about waiting to act on these financial decisions.
Read and get additional financial information: https://principalpreservationservices.com/ep-77-can-you-wait-on-these-financial-decisions/
What we discuss on the episode:
1:24 – Catching up with Mike
3:29 – Paying taxes on investments
5:43 – Paying off debt
9:01 – Legal and estate documents
12:09 – Taking out Social Security
15:29 – Creating a financial plan
18:27 – Mailbag: Starting a business
20:35 – Mailbag: Required minimum distributions
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