Invest there, save here, charge this, spend that… what’s behind our financial decision making? We might not personally have all of those answer, but we know someone who does. Coming down to the basement is the head of behavioral science at Morningstar, Steve Wendel. Morningstar has some alarming statistics about retirement, and Dr. Wendel will present eight different ways to solve some potentially big problems in your future.

And in our headlines segment… is the market about to take a tumble? We’ll discuss why analysts think the market is about to endure a shake-up, and what you should be doing about it. In our second headline we’re turning our attention to cryptocurrency. If only 2% of planners seeing the crypto as a viable investment option, should we be paying any attention to it?

Then, after Doug’s trivia, we’ll throw out the Haven Life Line to Blake who’s asking about “play” money. After someone uses a “sandbox” account, do they replenish the fund? And in our letters segment we answer the question: What should you do with your cash if you’re saving for a big purchase in the next year?

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Show Notes:

<> Open 

<32:24> Doug’s Trivia

• The world’s most expensive sushi is made with edible gold, diamonds, and what other precious jewel?

<40:30> Haven Life Line

Need life insurance? You could be insured in 20 minutes or less and build your family’s safety net for the future. Use StackingBenjamins.com/HavenLife to calculate how much you need and apply.

• Blake wants to know about having a “sandbox”, or play money. If you use all of your play money and than replenish it, aren’t you just funding it from your actual returns?

<47:07> Letters

Need help with your financial plan? Use this link to schedule a meeting with OG: StackingBenjamins.com/OG

• TJ is a year away from buying a house. What should he do with his money in the mean time?