

2294: The Thing that Retirees Regret the Most and How to Avoid It by Mark Dennis of Financial Finesse
Sep 24, 2023
Mark Dennis of Financial Finesse shares retirees' biggest regret: claiming Social Security benefits early, which increases the risk of living in poverty. Emotions heavily influence retirement decisions, highlighting the importance of emotional intelligence. Psychological portfolios alongside financial portfolios are significant in retirement planning. Saving and investing early helps avoid restrictions in retirement and offers long-term advantages.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 3min
Regrets of Retirees: The Impact of Early Social Security Claims
03:04 • 3min
The Influence of Emotions on Retirement Decisions
05:46 • 2min
Psychological Portfolios and Retirement Regrets
07:23 • 2min
The Importance of Saving and Investing for Retirement
08:59 • 2min