4 Signs You’re Saving Too Much for Retirement
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 21 June 2024
⏱️ 26 minutes
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| 0:00.0 | Four signs. You might be saving too much. |
| 0:03.0 | Run, I am so excited to talk about this because this is something that often does not get talked about. |
| 0:14.5 | I mean all the time we tell people that you need to be saving more, you just shoot for 25% or |
| 0:19.6 | you need to you need to exercise more discipline but there is a certain |
| 0:23.2 | sect of the population a certain type of financial mutant out there that can take it |
| 0:27.8 | a little too far and fortunately or unfortunately a lot of them happen to be in our |
| 0:31.8 | audience and so we want to |
| 0:33.1 | actually speak to that dark side about how do you know if the decisions you're |
| 0:37.8 | making or maybe working counter to what you ultimately want to be achieving? |
| 0:42.0 | Well the thing I, the thing I think, the thing I think, |
| 0:45.0 | I really do think with what we do with the financial order of operations |
| 0:49.0 | is a lot of systems out there are math only based. And math is important. Don't miss Harris on this. |
| 0:54.8 | But there's also this intersection of the math plus the mindset. And that's what I love is I |
| 0:59.9 | want to help give the people who are prolific with their saving and investing. |
| 1:05.4 | What's the why? |
| 1:06.5 | What's the mindset? |
| 1:07.5 | So you actually do this right and you don't look back 20, 30 years from now and go, |
| 1:11.9 | man, maybe I should have lived a little bit more or enjoyed that |
| 1:16.2 | season of life. I just want to make sure we balance out what people are working through. |
| 1:21.5 | And people might hear that and say, no, no no no guys I'm a financial |
| 1:23.6 | mutant that's why I save this is why I say this but there's a dark side we |
| 1:27.4 | we love financial mutants we want you to maintain a financial meeting but what |
... |
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