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Sep 8, 2022

Now that people are traveling more again, many of us are packing our bags and going through the process of thinking through what goes into each suitcase.

Believe it or not, this is much like financial planning. You probably haven’t paid much attention to it before, but we will explain why packing a suitcase is very similar to preparing for retirement. If you’ve ever lost a bag or had a suitcase damaged, you know that it’s important to make sure that you don’t lose everything you need.

From what bags you plan on taking to how you want to group all of your things, we’ll have some fun taking you through this analogy.

Here are some of the things you’ll learn on this episode:

  • How to be prepared for losses through diversification. (2:05)
  • Why you need to organize things in different groups or bags. (5:18)
  • Greed can impact investing decisions negatively. (7:35)
  • Why you should be constantly evaluating your plan. (9:20)


If you’d like to learn more, visit us online and let’s set up a time to talk -->