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Joe Murphy discusses the critical role of behavioral finance in investment decisions, emphasizing how emotions can lead to poor financial choices. He highlights the importance of having a solid retirement plan, creating a retirement bucket list, and the benefits of automation in saving. The conversation also covers the differences between active and passive investing strategies, the emotional challenges retirees face, and the necessity of risk management in maintaining financial health during retirement. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more.

<p>Joe Murphy discusses the critical role of behavioral finance in investment decisions, emphasizing how emotions can lead to poor financial choices. He highlights the importance of having a solid retirement plan, creating a retirement bucket list, and the benefits of automation in saving. The conversation also covers the differences between active and passive investing strategies, the emotional challenges retirees face, and the necessity of risk management in maintaining financial health during retirement. Call or text 800-930-5905. Visit<a href="https://mwmfinancial.tax/"> MWMFinancial.Tax </a>to learn more.</p>

Joe Murphy and the team bring everything you need to know about retirement and income planning in a fast paced format. Each week, the hosts and guests on the show reveal the latest developments in the financial world to keep you informed of changes that may affect you personally, while sharing some common sense strategies that will help you make the most out of your retirement savings. We are focused on helping investors preserve and grow their assets, increase their income, and reduce taxes.

For more information or to get your own questions answered, call or text 800-930-5905.