Allison Alley, CFP® joins Joe Anderson to discuss some retirement planning strategies that people often overlook. Learn why it’s important to take emotion out of investing and stick to a plan.
Important Points:
0:45 “What are some of the strategies that you’re helping your clients with?”
0:49 “Focus on doing your best to take the emotion out of it…be patient and don’t have those knee-jerk reactions to the daily fluctuations in the market.”
1:50 “You don’t want to take on more risk than is absolutely necessary.”
2:09 “The best investment for me might be the worst investment for you.”
2:16 “Because there is no perfect investment, that’s why you really have to focus on what your goals are. If you only need a certain amount of income, then there’s no need to shoot for the stars because you could see a really big downturn that you might not be able to afford.”
3:46 “Get a plan, stick to it so you have the best chance possible of achieving those goals.”
