Sound Investing Better Than VTSAX, Choosing Asset Allocation, Target Date Funds, Protecting Against Scams, and More
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Jan 21, 2026 Explore the importance of diversification and avoiding scams while investing. Discover the nuances of asset allocation, including different strategies for various risk tolerances. Learn how target date funds work and how to manage them over time. Uncover common mistakes in retirement planning that can lead to dissatisfaction, along with expert tips on Social Security timing and Medicare coverage. Paul emphasizes the value of financial education and offers insights into building a successful retirement strategy.
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Protect Accounts From Advisor Access
- Never give an advisor direct access to withdraw your money or power of attorney over accounts.
- Educate yourself on investing fundamentals so you can spot expensive or active-management conflicts.
Use Expert Guides For Social Security Timing
- Use practical, researched guides when deciding when to take Social Security and consider expert resources like Mike Piper.
- Review pro/con analyses (e.g., Jim Dahle) to understand trade-offs of early vs. delayed claiming.
Pension And SS Change Equity Glide Path
- Target allocation depends on risk tolerance, pension presence, and Social Security timing, so 'it depends' is the right starting point.
- With a pension and SS at 70, you can often stay heavier in equities until closer to retirement.
