In this episode, Jackie Selby and Chris Longworth discuss the impact of inflation on financial planning, emphasizing the importance of cash flow and retirement strategies. They explore the concept of building a personal pension for guaranteed income, the significance of financial discipline in inflationary times, and the rising healthcare costs in retirement. The conversation also delves into the psychology of money, highlighting the stress associated with financial uncertainty and the need for proactive planning for unexpected life events. Finally, they address the importance of avoiding emotional investing and making informed financial decisions.
Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.