On this episode of the Money Master Podcast we will discuss a few wrong assumptions in financial planning.

We also will discuss 4 common misconceptions about retirement that often prove to be incorrect.

[1:14] There are dangers in making assumptions without proper knowledge

[1:46] Incorrect assumption 1 - I will spend less in retirement.

[5:35] Incorrect assumption 2-My taxes will be lower in retirement.

[7:48] Incorrect assumption 3-I need to help my kids get through college before saving for retirement.

[9:27] Incorrect assumption 4-I’ll never be able to retire.

[11:05] What have you changed your opinion about over the years?

Lifestyle Planning