Thursday Jun 13, 2024
The Safe Money Retirement Guy Show – Episode 33 – Growth For What Purpose
Bill starts by debunking the common fixation on investment returns without considering their purpose. He highlights the significance of asking, "For what purpose?" when assessing investment strategies, as emotions tied to gains or losses can cloud financial decision-making.
Drawing parallels between building a house and building a retirement plan, Bill underscores the need for a clear purpose in financial endeavors. Just as a house is designed with specific rooms and safety features to serve its occupants, retirement planning should prioritize fulfilling meaningful objectives.