Financial Wisdom with Albert Einstein

Today we are analyzing some famous quotes from Albert Einstein. What retirement planning lessons can we gain from the most well-known genius?
Share this episode with a friend:
1x
Apple PodcastsSpotifyStitcherGoogle PodcastsDownloadLeave a ReviewInvestor Awareness GuideFebruary Retirement ClassShare Listen in a New WindowSoundCloudSubscribe on AndroidSubscribe via RSSPlayer Embed

Confidence Corner

On today’s episode, we are going to do some retirement planning with the famous genius, Albert Einstein. What Einstein quotes apply to today’s economy and your retirement plan? What can we learn from these timeless lessons?

“If you can’t explain it simply, you don’t understand it well enough.” This is especially true with investing. It’s not necessary to understand every little thing but you certainly need to know why you are doing what you’re doing. 

A lot of people may feel their advisor doesn’t explain things well enough to them. That may be a red flag. It’s important to feel comfortable enough to ask questions and become educated on your plan. Education brings peace of mind. 

Some people want the big picture and others want the nitty-gritty. Let your advisor know how much you’re comfortable with when it comes to understanding your financial plan. 

“We cannot solve our problems with the same thinking we used when we created them.” Unfortunately, we see this a lot. People that are not where they want to be in terms of saving for retirement often get stuck in circular planning. 

They might be looking for the next “get rich” opportunity without really analyzing their money habits. Looking for an opportunity to get rich overnight is not the answer. Finding an advisor can help you make better decisions. You can’t expect new results by doing the same thing over and over again. 

“Learn from yesterday. Live for today. Hope for tomorrow.” In this turbulent market, you may be feeling uneasy. But looking back through history the market continues to go up over time. Remembering this and continuing to stick to your plan can give you peace of mind.

A lot of people have trouble living for today because they are so busy saving for the future. It’s important to take a step back sometimes and remember we aren’t promised to live to 70. Enjoy some things now without messing up the plan for the future. Hope for the future and stay positive. 

Listen to the entire episode or skip ahead to hear more about a particular quote.

0:50 – Conflict in Ukraine

3:12 – Technically in a correction

5:04 – Call if you are worried

6:22 – “If you can’t explain it simply, you don’t understand it well enough”

7:42 – “We cannot solve our problems with the same thinking…”

9:50 – “Learn from yesterday. Live for today. Hope for tomorrow.”

 

A Point Of Wisdom:

Education brings peace of mind.

-Nathan O’Bryant

Share this episode with a friend:

EXPLORE MORE EPISODES

Should An Advisor Tailor A Plan To Fit Your Personality? (Part 2)

As a continuation of our last podcast episode, we’re jumping back in to discuss some more financial personality types in today’s show. Knowing your personality type and tendencies can help you be more successful and aware of your strengths and weaknesses when it comes to financial planning. The first four personalities we talked about in the previous podcast were the victim, the over-analyzer, the DIY-er, and the ostrich. On today’s show, we discuss the next four common financial personalities.

Listen Now »
March 23, 2023

Should Your Advisor Tailor A Plan To Fit Your Personality? (Part 1)

Each person has a different and unique personality. It’s part of what makes you, you! So, when it comes to your financial plan, should a financial advisor tailor the plan for your personality? On today’s show we cover part one of the different personalities to see which one you might relate to most and how an advisor can cater to that.

Listen Now »
March 9, 2023

What’s Your Biggest Financial Fear?

Everybody has fears, so we talk about some of the biggest financial fears people face. Sometimes acknowledging the fear is the best place to start. Alongside an advisor, you can strategize how to address these fears and put your mind at ease.

Listen Now »
February 16, 2023
Facebook Linkedin Twitter Youtube

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

Facebook Linkedin Twitter Youtube

YOUR HOST

Nathan O’ Bryant is the founder of O’Bryant & Associates, Inc., a Registered Investment Advisory firm in the state of TN. He’s been helping people plan for retirement and their financial futures for more than 15 years.

The weekly podcast features discussion and excellent guidance on the important financial planning questions we all have. Whether it’s tax planning, retirement income, social security or the stock market, you’ll find that no topics are off limit on this show.

SUBSCRIBE

This content is provided for informational purposes only. It is not intended to provide tax or legal advice. O’Bryant & Associates, Inc., is a registered investment advisory firm in Tennessee.

Facebook Twitter Youtube