407: A Guide to Better Decision-Making: How to Overcome FOBO, the Fear of Better Options
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 8 December 2023
⏱️ 30 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from the Darius Foroux blog titled, Understanding and Overcoming FOBO (Fear of Better Options). 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/407.
Show Notes: Howardbailey.com/407
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Transcript
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| 0:00.0 | Are you struggling to make a change or a decision that you need to make today? |
| 0:04.3 | Maybe you're trying to determine whether you should retire, whether you should keep working, |
| 0:08.0 | whether you should put money in the stock market, buy an annuity, which annuity, should you buy |
| 0:11.6 | life insurance? |
| 0:12.6 | Maybe you're struggling with these changes and with this decision because you're suffering |
| 0:17.0 | from a fear of better options or a fear of missing out. Today, we're going to discuss |
| 0:22.6 | strategies to help you make the decisions you need to make today to get what you want. |
| 0:35.0 | Welcome to Retire with Purpose podcast, where it is my mission to deliver clarity and purpose and elevate meaning in your life. |
| 0:41.1 | And we do that on the show in a couple of different ways. If you're new to the show, I want you to know what to expect. We do this by focusing on the financial as well as the non-financial aspects of finances and retirement. Every other Monday, we're going to bring to you one of our world-class guests on a |
| 0:57.9 | variety of different topics. |
| 0:59.4 | And every single Friday, I'm going to get together with one of my good friends. |
| 1:02.4 | And we're going to be discussing a trending topic that can impact your bottom line in |
| 1:06.9 | retirement. |
| 1:07.5 | This could be the latest in investment strategies, tax strategies, estate planning strategies, and so much more as you're going to find out today. |
| 1:15.2 | And all of the articles that we're bringing to you as part of this Friday edition you joined |
| 1:19.4 | us for today are part of our weekend reading for retirees email series. |
| 1:23.8 | We do the research. We put in your inbox for articles. We like to dig into one of those articles and expand on it here on the show on Friday. |
| 1:31.7 | And you have to get this resource. Get yourself sign up for weekend reading like around 15,000 people across the world have already done. |
| 1:39.2 | We want you to be on that list where you're not only going to get that great reading material, summaries and |
| 1:44.3 | takeaways, but all kinds of other great resources. We have toolboxes. We have white papers. |
| 1:49.4 | We have webinars. All kinds of great resources. You have to get yourself signed up because not only |
| 1:53.5 | do you get all that good stuff, we're also going to send you a free digital copy of my Wall Street |
... |
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