Decision-Making Roadblocks in Financial Planning

No matter how hard we try to stay on top of our finances, we’re sure to come across roadblocks that interfere with our decision-making process. Does this sound familiar? Let’s talk about the common scenarios we see in retirement planning and how you can deal with them. 
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No matter how hard we try to stay on top of our finances, we’re sure to come across roadblocks that interfere with our decision-making process. Does this sound familiar? Let’s talk about the common scenarios we see in retirement planning and how you can deal with them. 

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Confidence Corner

Planning for retirement is already difficult enough without any interference, but it’s even tougher when roadblocks get in the way.

Knowing what to look at for and then understanding ways to navigate those roadblocks will help your planning as well as your peace of mind. On this episode of The Financial Answer, Nathan and Marc run through the most common roadblocks they see and share ways to deal with each one.

Having a professional planner on your side can be a great assistance for the times that things aren’t always going smoothly. Even with all of the information available to you online, it helps to have someone that can provide some context and help you sort through the misinformation. Hopefully this podcast will do some of that for you.

Along with roadblocks, we’ll also discuss the recent rise of small cap stocks. Is this a trend that will likely continue? Should you make changes to add them to your portfolio?

That’s all part of this episode, which you can hear above or click on the timestamps below to hear more about a particular law of investing.

0:58 – In the news: What’s going on with small cap stocks?

2:50 – How to check your mutual fund to see what investment style it uses.

3:55 – Should you be making changes to your portfolio?

5:10 – Confidence Corner: Decision-making roadblocks.

6:00 – Roadblock: too many decisions to make.

8:31 – Roadblock: Doing research yourself can overwhelm you in a hurry.

10:14 – You need someone that can hold your feet to the fire.

12:19 – Experience is the main educator that we have.

14:22 – Roadblock: You just don’t like talking about money.  

16:58 – Roadblock: Traumatic life events.

20:18 – Fun fact of the week.

 

A Point Of Wisdom:

I will be the first person to tell you know if you don’t need to do something. That’s what you need to hear sometimes. But it’s your money, it’s your retirement, you can still do it. -Nathan O'Bryant
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Related Content:

PODCAST: How to Handle Stock Market Declines

PODCAST: Crazy Financial Facts from the Past and What They Mean Today

 

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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.

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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.

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