The Detriments of Moving the Goalposts and the Importance of Planning

18/07/2024 11 min Episodio 178
The Detriments of Moving the Goalposts and the Importance of Planning

Listen "The Detriments of Moving the Goalposts and the Importance of Planning"

Episode Synopsis

Can you imagine how difficult it would be for a placekicker if the goalposts suddenly shifted just as they were about to kick? In the same sense, how can we expect to achieve our financial goals if we're constantly shifting the targets? Retirement goals can obviously change with the passage of time, but there can be some serious risk when it comes to your retirement if you shift the goalposts a little bit too carelessly.
 
Here’s what we discuss in today’s show:
Setting and sticking to goals.
Not keeping more cash for your retirement than you need.
Determining how much risk you should be taking.

 
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