372: Demystifying Financial indicators: 5 False Proxies That Can Deceive Your Money Mindset
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 23 June 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from the Best Interest Blog titled, False Proxies That Deceive Your Finances. 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/372.
Show Notes: Howardbailey.com/372
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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 | Are you trying to save a million dollars for retirement? Expecting the stock market to average |
| 0:04.7 | 6 to 10% inflation to factor in at 3% per year, trying to save 10 times your salary so that you |
| 0:12.2 | can step into retirement, or maybe you're using the rule of 100 to allocate your investment portfolio. |
| 0:17.7 | Well, today, we're going to dig into just this, false proxies that can |
| 0:22.7 | deceive your finances. |
| 0:33.8 | Welcome to the Retire with Purpose Podcast. My name's Casey, and it is our mission here on the podcast to deliver to you clarity and purpose and elevate meaning in your life through personal and practical financial strategies. If this is your first time joining us here on the pod, well, there's a couple of different ways we do this. Every other Monday, we introduce to you, one of our |
| 0:54.2 | world-class guests in a long-form interview-based conversation, both on the finance and non-financial |
| 1:00.7 | topics that you will face throughout your life. And then every Friday, Marshall Johnson and |
| 1:06.8 | myself, we get together with you just like we are here today and we cover a weekend reading |
| 1:11.5 | article with you, highlighting a trending topic in the financial space. Now, when we do this, |
| 1:17.2 | we are highlighting something from our weekend reading email. So you have to get this email. |
| 1:21.3 | It's an invaluable resource. Our team, we go out and we find the gold. We go out and we |
| 1:25.8 | sift through all the articles that are trending |
| 1:28.2 | every given week, and we put in front of you four articles that can help you make better decisions |
| 1:33.8 | about your finances, both financial and non-financial. And not only we receive the four articles, |
| 1:39.3 | but you have summaries, you have takeaways from myself. You also have all kinds of other great resources that are in there, white papers, webinar |
| 1:47.3 | invitations, event invitations, book giveaways, all kinds of great stuff. |
| 1:51.7 | And if this is your first time signing up, you'll also receive a free digital copy of my |
| 1:56.4 | Wall Street Journal bestseller job optional. |
| 1:58.4 | And you'll be invited to ask our guest questions when they |
| 2:03.4 | come on the podcast. So look forward to getting you signed up at retirethpurpose.com or just shooting |
| 2:08.4 | us a text with key letters, W.R. to 866, 482-9-559. If you enjoy the content, don't forget to |
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