Most people hire a financial advisor in order to help them navigate the world of retirement planning. It can be difficult to know whether you are getting the help you need, or if someone is truly looking out for your best interest. On today's show, we ask Isaac a few questions and he'll discuss what answers indicate a red flag when trying to put together a plan. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Wright Money Tips

Retirement Planning Red Flags

Vanguard’s “How America Saves 2020” report is packed with lots of intriguing stats and findings about Americans and how they save for retirement in the crazy year that is 2020 (most of the recent data is technically from 2019 although some figures are current through the Spring of 2020). Isaac will take a look at the statistics in this report that are related to 401(k) plans and what he commonly sees in his practice. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Is Your 401(k) On The Road To A Great Financial Plan?

Before you can effectively put together a retirement income plan, it’s important to understand your own tendencies for spending. Let’s explore the different personalities. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Recognizing Your Spending Personality To Build A Great Financial Plan

Football is back in most parts of the country, so it seems like a good time to see what we can learn about financial planning from the boys on the gridiron. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Football & Financial Planning

Let's take a brief break from the financial talk and check in with how Isaac has been holding up during this historically topsy-turvy year of 2020. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Catching Up With Isaac Outside Of The Financial World

People say a lot of things, but that doesn’t necessarily mean they know what they’re talking about. So when people say they heard something about a financial decision they should make, there’s a good chance that what they heard isn’t actually what they NEEDED to hear. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Retirement Rumors

Where some people see a crisis, others see an opportunity. It could be your mindset, or maybe it's the circumstances of your life. Isaac will explain how these situations might be viewed differently and why some of these crises might be an opportunity for the right person. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Financial Crisis, Or Opportunity?

We take some financial good news, bad news situations and ask Isaac his thoughts on it. As most people prefer, we’ll give him the bad news first. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Good And Bad Financial News

Even though these are fictional characters, we see their personalities all the time in real life. Isaac will explain what their personality looks like when it’s manifested in a real person and what he would do to help that client. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Helping Classic TV Characters With Their Financial Planning

There are plenty of people in the financial world that are guilty of crying wolf. Because they always preach the same message, we just have to eventually tune them out. Isaac will gives us examples of times that he has seen people make bad financial decisions because they’ve been influenced by one of these wolf-criers. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Crying Wolf

The phrase “knowing what we know now” is mostly worthless. Just think about that phrase in context of the coronavirus. Would we have done things differently in January or February “knowing what we know now?” Almost certainly. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

The Benefit Of Financial Hindsight

When building a home, you need a strong foundation and structure to keep you safe and secure. Those same elements should be part of a well-built financial plan. Let's talk about some ways you can make sure you have your financial house in order. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Building Your Financial House

During these volatile times in the market, it's more important than ever to assess whether you are taking the right amount of risk with your investments. Taking the time to realign your risk could save you a lot of headaches in the months and years to come. Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Risk Realignment

Sometimes people say they don’t want to retire…and sometimes they really mean it. Other times it’s just a defense mechanism to compensate for the fact that they feel like they can’t retire. So let’s explore some of the possible meanings behind the statement, “I don’t want to retire.” Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

Are You Making Excuses To Not Retire?

Although the Coronavirus has created plenty of hardships for our communities, from a financial perspective it's also providing us with many opportunities. Isaac will give us some quick-hitting suggestions on today's show for some investing moves you can think about making in the current market.   Important Links: Financial Dynamics Website: https://financialandestateplanning.com/ Schedule A Call: https://calendly.com/financialdynamics-inquiryteam/30mincall Call or Text: 804-777-9999

The Coronavirus Financial Shopping List

The Wright Money Tips Podcast is Richmond, Virginia’s dedicated resource for retirement and investment planning. Your host Isaac Wright is President at Financial Dynamics & Associates. Financial Dynamics & Associates have been helping Virginians retire since 1989 and is known for their commitment to their community and their clients. The Retire Wright Show shares insights that can allow you to have a successful plan to and through your retirement years.

hubhopper

Wright Money Tips

hubhopper