Tag: Market Volatility

Retirement Success Through Discipline and Goal-Setting with Pete Belcastro, CFP® (Ep. 41)
Retirement Success Through Discipline and Goal-Setting with Pete Belcastro, CFP® (Ep. 41)

Retirement Success Through Discipline and Goal-Setting with Pete Belcastro, CFP® (Ep. 41)

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In a world filled with distractions and temptations, discipline stands as a beacon of consistency and success, guiding us toward our goals and aspirations. Whether in financial planning, health routines, or personal growth, discipline forms the foundation for long-term achievement and fulfillment.

Today on Relax, It’s Retirement, Josh and Pete Belcastro, CFP®, talk about discipline in various aspects of life, drawing parallels between maintaining financial discipline and personal habits. Using personal anecdotes, they emphasize the importance of setting realistic goals, committing to long-term strategies, and seeking professional guidance to achieve financial success in retirement. They discuss the three-bucket approach to retirement planning, emphasizing the significance of consistent contributions and staying invested for long-term growth. 

The conversation touches on the value of discipline in navigating market fluctuations and resisting short-term impulses. The episode concludes with insights on the positive impact of discipline in achieving financial goals and the benefit of seeking professional advice for retirement planning.

Key topics include: 

  • The concept of discipline in various aspects of life, including health decisions and financial planning for retirement.
  • Why setting realistic expectations, consistent behavior, and long-term goals to achieve success is important.
  • Discipline’s role in investing, and the need for a disciplined approach to navigate market volatility and achieve financial goals.
  • How discipline can help achieve financial security for retirement.
  • Negative connotations associated with discipline and how it can actually lead to positive outcomes and personal growth.
  • The challenges of maintaining discipline and the benefits of setting disciplined goals
  • And more

Resources:

Connect with Josh Leonard: 

Connect with Pete Belcastro: 

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Can You Harvest the “Fruit” of Volatility? (Ep. 26)

Can You Harvest the “Fruit” of Volatility? (Ep. 26)

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Discover the secrets of wealth mastery as we unveil strategies that will work for you no matter what your portfolio looks like. 

In this episode, Josh unravels essential strategies for navigating uncertain financial landscapes, drawing insights from the practices of the ultra-wealthy and astute investors. Starting with the importance of diversifying a portfolio to mitigate market fluctuations, exploring options like fixed income and advanced strategies. We then delve into the concept of “dry powder” and how it empowers investors to seize opportunities without unnecessary trading. Advanced tax planning steps are also unveiled, offering potential avenues to maximize tax advantages. 

Josh discusses: 

  • Three hidden opportunities to take advantage of and two costly mistakes to avoid when the market is volatile
  • Essential questions to ask yourself in the process
  • The importance of partnering with knowledgeable financial professionals as trusted resources due to the current online climate 
  • Finding advanced tax strategies for wealth preservation
  • Importance of caution with investment trends and social media Influencers
  • And more

Resources:

Connect with Josh Leonard: 

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Let’s Talk About Risk (Ep. 10)

Let’s Talk About Risk (Ep. 10)

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What is your biggest fear? Many times our fears don’t align with our biggest risks. Market risk has been on the top of everyone’s mind but that is not the only risk we need to worry about in retirement. 

In this episode, Josh Leonard discusses what risks you should be wary of when preparing and in retirement. Due to the recent market activity, everyone’s been worried about the stock market, but that might not be the biggest risk you might be facing in your financial life.

Josh discusses: 

  • Common risks we might not be aware of in retirement
  • How current tax cuts will affect your portfolio in the next few years
  • Longevity risk and how that ties into your retirement plan
  • Mitigating market risks by diversifying
  • And more

Resources:

Connect with Josh Leonard: 

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