Listen "World Poker Champ and Cognitive Psychologist Reveals How She Stops Retirees From Losing Everything"
Episode Synopsis
In this engaging episode of the Redefine Retirement podcast, host Ryan Wheless sits down with Annie Duke, a former world-champion poker player turned cognitive psychologist, delivering a masterclass on why even the most well-intentioned investors repeatedly sabotage their own retirement plans. The core problem is that our brains treat “future us” like a stranger, so in moments of panic (a 30% market drop, a scary headline), the present-self hijacks the wheel and wrecks decades of planning. Her solution is to do the hard work while everyone is calm: guide clients through vivid pre-mortem and pre-parade exercises (“Imagine it’s a year from now and you’re broke—why?” / “Imagine you crushed it while your friends panicked—why?”), let the clients generate their own answers and pre-commitments (so they actually own the plan), and reframe disciplined behavior as a rare, elite identity (“You’re one of the few who doesn’t sell at the bottom”). The result is far fewer emotional blow-ups, far less panic-selling at market lows, and retirees who actually get to live the life they spent decades saving for instead of watching it evaporate because they couldn’t resist checking the ticker on a bad day.Visit Annie Duke’s website at: https://www.annieduke.com/Follow Annie on Instagram: https://www.instagram.com/_annieduke/Subscribe to our YouTube Channel: https://www.youtube.com/@alliedwealthFollow Allied Wealth on Instagram: https://www.instagram.com/allied_wealth/?hl=enVisit the Allied Wealth website to learn more: https://alliedwealth.com/PRODUCED BY IRONCLAD
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