RL183 — 10 Financial Beliefs Debunked

Retirement Lifestyle Show with Roshan Loungani and Adrian Nicholson

In this episode of the Retirement Lifestyle Show, Roshan Loungani and Adrian Nicholson debunk 10 conventional beliefs about investing and financial planning. They cover the best time to take Social Security, paying off debt versus investing, what to do when the market is down, and much more.

[00:00] Introduction

[01:05] Diversify Your Investments

[04:20] Understanding Portfolio Diversification

[06:09] Wait to Take Social Security

[09:37] When the Market is Down, Do Nothing

[13:48] You Need a Budget to Determine Your Cash Flow

[16:00] You Will Spend Less In Retirement

[18:54] Money Will Undermine Your Child’s Work Ethic

[21:30] What to Do When Volatility Strikes

[23:27] Pay Off Debt Before Saving and Investing

[27:37] You Should Always Have a Mortgage

[30:24] Practice Doesn’t Always Make Perfect

[31:40] Parting Thoughts

Roshan can be reached at [email protected] or at 202-536-4468. Erik can be reached at [email protected] or 815-940-4652. Adrian can be reached at [email protected] or at 703-915-8905.

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https://www.linkedin.com/in/roshanloungani/

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https://www.linkedin.com/in/adrian-nicholson-74b82b13b/

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All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.