Discover the tips and strategies that will help you achieve your retirement goals.

I'm your host, James Canole, and this is the podcast dedicated to helping you retire well.

It all starts right here on Ready for Retirement. for retirement.

Hi, everyone, and welcome back to another episode of Ready for Retirement.

I'm your host, James Cannell.

And oftentimes, my job as an advisor is to help people organize their thinking.

And it's to help them focus on the right thing, meaning don't let people think or don't let people make big deals out of little things and don't let people make little deals out of big things. So really understanding what do you need

to focus on, what don't you need to focus on, and how do you prioritize these different things

to ensure that you're doing the right things to accomplish the goals that you have. So today, what I want to talk about is I want

to talk about five things that I oftentimes see people focusing too much on and then counteract

that with other things that you should be focusing on. So let's get started. Five things that I don't want people to spend too much

time thinking on because it drains their attention and takes them away from the bigger, more

important issues. Number one is this. It's active versus passive investing. And now this is an

interesting one. Over the last several years, more and more

popularity has been given to things like index funds and low cost investing and things like high

cost investing and active management has become a lot less popular. And now here's the thing. I think

that's great. And I agree with that. I, when I'm using funds for my clients and when I'm using funds personally,

it's oftentimes index funds and its other low cost investment options. Here's the downside to that

is people can make too big of a deal out of it. It's very easy for people to say, you know what,

I have the right funds in my portfolio. I've got the low cost index fund options. I've got the low cost ETFs or mutual funds or whatever they may be.

And they think that the job is done. They think, you know what? Because I've done that, because I've

checked that box, I am on track for a good comfortable retirement. I am on track to accomplish

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