Today, we’ll discuss the pitfalls of overly conservative retirement planning and how it could delay your financial independence and retirement dreams. In this show which was originally aired on our “brother” show Earn & Invest, Doc G, and guest Jesse Cramer from the Best Interest podcast delve into the importance of finding a balance, exploring the impacts of stacking conservative assumptions related to social security, investment returns, and inflation. Jesse shares practical tips on re-evaluating your retirement assumptions, emphasizing the significance of flexibility and ongoing adjustments to avoid unnecessarily prolonging your work life.
RUN OF SHOW
Post-Interview Discussion
Introduction and Topic Overview
The Cost of Being Too Conservative
Interview with Jordan Grumet and Jesse Kramer
Workplace Benefits Guide Announcement
Earn and Invest Podcast Begins
Jesse Kramer’s Background and Career Shift
Conservative Assumptions in Retirement Planning
Introduction to Conservative Retirement Assumptions
Guest Introduction: Jesse Cramer
The Impact of Conservative Assumptions on Retirement
Strategies to Avoid Overly Conservative Assumptions
Revisiting and Adjusting Retirement Plans
The 4% Rule and Its Implications
Balancing Conservatism and Aggressiveness in Retirement Planning
The Consequences of Overly Conservative Planning
Practical Tips for Retirement Planning
Exploring the ‘Die With Zero’ Philosophy
Dealing with Loss Aversion Anxiety
Conclusion and Final Thoughts
For the original show notes, visit The Crushing Cost of Conservative Retirement Planning — Earn & Invest.
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.stackingbenjamins.com/201
Enjoy!
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Written by: Kevin Bailey
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