344: Investment Planning for Retirees: What Does the Long Term Mean?
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 3 February 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from Retirement Researcher titled, How Long is the Long Term? Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can also be accessed by visiting Howardbailey.com/344.
Show Notes: Howardbailey.com/344
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Sifting through the copious amount of conflicting financial advice and retirement information can be daunting - but it doesn't have to be! Each week, Casey makes it super easy. He hand-picks 4 of the most important articles you need to read, that are beneficial to you whether you're at, near, or in retirement! If you want them sent straight to your inbox, sign up by visiting RetireWithPurpose.com/weekend-reading
Transcript
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| 0:00.0 | Everyone always talks about investing for the long term or planning for the long term. However, I think it's hard to really wrap our heads around what long term really means. Often they're very vague in that. While your portfolio is down, well, don't worry about it. You're investing for the long term. Oh, you're approaching retirement. The market's down. It's okay because you're investing for the long term. You have a 20 year retirement, 30 year. Yeah, is it 20 years? Is it 30 years? Is it five years, 10 years, one year? What is long term? |
| 0:25.9 | And this is vital for you to do a great job of building a financial strategy. |
| 0:35.9 | How long is the long term? |
| 0:38.9 | Here on the Retire with Purpose podcast, we are here to help elevate the meaning that you're experiencing in your everyday life by leveraging the assets and the wealth that you've created to do just that. |
| 0:52.0 | Every week, we like to cover on Fridays a trending topic that comes from our |
| 0:56.9 | weekend reading for retirees email series. We'll highlight one article for you and dive deeper into it, |
| 1:02.4 | just like we are here today. And then every other Monday, we like to release a long-form interview |
| 1:08.3 | based podcast with a world-class expert from any area of finance or retirement planning. |
| 1:15.5 | If you'd like to get that weekly email, it's super easy, and I encourage you to sign up every single Friday. |
| 1:22.2 | As I said, you're going to get an email with four articles, trending topics on financial planning. |
| 1:27.3 | Our team goes out. We sift |
| 1:28.9 | the whole environment, the whole internet in order to find the very best articles on retirement |
| 1:34.3 | planning and financial planning, blaze investment strategies, tax strategies, estate planning, |
| 1:38.5 | all to help you make better financial decisions around your retirement. Along with those |
| 1:43.8 | articles, you get a summary of those articles, breakdowns, takeaways your retirement, along with those articles, you get a summary of |
| 1:45.4 | those articles, breakdowns, takeaways for myself, along with white paper, giveaways, |
| 1:50.1 | webinar invitations, special event invitations, and one of my favorite things that you |
| 1:54.6 | receive as being part of our weekend reading subscriber. |
| 1:58.2 | You're also getting advanced notice of our upcoming guests. We just |
| 2:03.0 | interviewed Burton Malkie Hall. I mean, what an amazing opportunity for a weekend reading |
| 2:07.6 | subscribers to know Burton's come on and know that he's coming on and I can ask him my own |
| 2:14.8 | unique questions. And you can do that as a weekend reading subscriber. |
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