Demystifying Financial Planning: Aligning Life Goals with Fiscal Strategy with Amir Noor

Gain invaluable insights into personal finance as Amir Noor, a seasoned financial advisor with a 15-year track record, joins me, Michael Gayed, in a riveting discussion that promises to untangle the often-misunderstood world of financial planning. Our conversation ranges from the nuances of different advisor types to the urgency of aligning your financial strategies with your most cherished life goals. We debunk the myth that investing trumps planning and highlight those pivotal moments, like starting a family, that sharpen one's focus on their financial future. As we navigate through generational shifts and societal trends, Amir lays out the foundational steps he employs to kickstart a client's journey towards financial clarity and empowerment.

As the buzz around loan forgiveness builds with the upcoming election, we dissect the critical need for financial literacy and the educational system's gap in providing it. The ease of falling into the traps set by credit cards and tempting 'buy now, pay later' offers is alarming, and we stress the influential role financial planners can play in curbing these habits. By embracing tools like expense tracking spreadsheets, one can become a prudent steward of their finances, setting the stage for long-term prosperity. Join us for a chapter that not only scrutinizes current financial trends but also champions the transformative power of disciplined spending and saving behaviors.

Retirement may seem like a distant dream for many, but our discussion peels back the layers of this complex phase, offering insights and strategies for navigating its choppy waters. We share a story of a client who, even after a lottery windfall, grappled with retirement planning, illustrating the perils of underestimating inflation and the cost of elder care. The conversation also includes a primer on choosing a financial advisor that aligns with your interests, with a spotlight on the virtues of a fiduciary, fee-only approach. Plus, we don't overlook the gender nuances in financial planning, acknowledging how differences in risk tolerance and life expectancy between men and women can shape their financial strategies. Tune in for an episode filled with essential advice, whether you're laying the cornerstone for retirement or seeking to fortify your fiscal foundation.

ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://leadlagreport.substack.com today.

Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. 

The content in this prog

Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!
Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEs
Spotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V

 Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive.

Foodies unite…with HowUdish!

It’s social media with a secret sauce: FOOD! The world’s first network for food enthusiasts. HowUdish connects foodies across the world!

Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!

HowUdish makes it simple to connect through food anywhere in the world.

So, how do YOU dish? Download HowUdish on the Apple App Store today: Support the show