Ep 27: Coronavirus Update + Getting Lost in Retirement

With so much uncertainty in the market right now, we want to get Mike’s opinion on what we’re seeing with the coronavirus and the impact it’s having financially. We’ll then spend the rest of the show discussing ways in which you get lost in retirement. It doesn’t take much to get off track but there are always ways to regain your retirement compass.  

 

Read more and get additional resources here: https://principalpreservationservices.com/coronavirus-upda…st-in-retirement/ 

 

Today's rundown: 

2:17 – What does Mike make of the coronavirus and its impact on the market.

3:42– This is scary if you’re in retirement.

5:20 – You have to know where you are in your retirement planning process.

6:49– Long term we’re not worried.

8:07– Let’s shift to our main topic today on getting lost in retirement planning.

8:31– The first way to get lost is having bad tools.

10:13– The next way is getting poor directions from someone.

12:52– If the first two don’t get you, then you might get lost due to lack of attention.

14:36– How can we get back on track? Let’s start with determining exactly where you are.

15:51- The next thing you need to do is decide where you want to go.

17:27- Don’t be afraid to get help along the way.