Keen On Retirement

Sometimes our mind can play behavioral investing tricks on us and cause us to make suboptimal financial decisions. Dr. Daniel Crosby is one of the country’s leading authorities on behavioral investing. He joins the show today to discuss some of the key learnings from his new book, The Laws of Wealth. We review some of the rules of behavioral self-management and cover some key ideas to remember so we can all make sound financial decisions.

Did you know that Keen Wealth Advisors sponsors the Big D Cycling team? As a result of our close partnership with Big D Cycling and our active desire to be involved with community events, we are hosting the inaugural Keen Wealth Classic cyclocross race on November 13th. We hope this event will become a midwest staple for years to come and are honored to be able to help get it started

Without a blueprint, you can’t build a house. And without a map, you wouldn’t set off on a road trip. The same rule goes for retirement planning. When it comes to such a big milestone in life, you need a financial roadmap that navigates you from point A to point B.

Should you delay taking social security payments? When you’re retired, should you still try to “save” money each month and put it in a bank account just like you did before you retired? Those are just a couple of the questions we address in today’s show that were prompted from what our clients are asking us.

My desire to become a financial advisor started at the age of 10. I know that sounds young, but I remember clearly the catalyst for this passion. I was sitting with my dad in his apartment waiting for the unemployment check to arrive in the mailbox. While I was too young to understand financial insecurity, I did see the stress, strain, and anxiety it caused my father. This caused me stress, strain, and anxiety too.

In today’s show, we take you behind the curtain and discuss our financial planning process. You’ll learn what goes into a plan, how numbers are calculated, and how they are personalized for each of our clients.