In this conversation, Chris Longworth, the Wealth Defender, and Chrissy Paradis discuss the parallels between football and financial planning. They emphasize the importance of strategic planning, practice, and execution in both areas. They highlight the need for financial education to set realistic expectations and develop income plans. They also discuss the key steps in retirement planning, such as saving early, compounding interest, halftime adjustments, the two-minute drill, and perfecting the play action pass. They address the psychological shifts and mindset necessary for successful financial planning, including managing cash flow, changing spending habits, and understanding the psychology of money Longworth also addresses listener questions about retirement planning, including the importance of having a plan even if there are no heirs, the steps to take when selling a business before retirement, and the options for saving for retirement without a current plan in place. He encourages listeners to reach out for personalized advice and guidance.

Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.

See omnystudio.com/listener for privacy information.

The conversation begins with a discussion on the impact of the current economic landscape on the average investor and how to protect one's nest egg. The host and guest emphasize the importance of understanding the financial decisions made by those in power and how they affect individuals' financial lives. They also discuss the benefits of converting traditional retirement accounts to tax-free accounts. The conversation then transitions to the seven habits of highly effective retirement planning, including being proactive, starting with the end in mind, and thinking win-win. The episode concludes with a mention of the Wealth Defender Strategy and its success in protecting and distributing income during market volatility.

Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.

See omnystudio.com/listener for privacy information.

Navigating market volatility and protecting retirement savings is crucial in these tumultuous times. Chris Longworth, the Money Professor, shares key strategies to manage risk and ensure a secure retirement. He emphasizes the importance of understanding the drivers of market volatility and being willing to take action. Longworth discusses the insights of E.J. Antony, chief economist at the Heritage Foundation, on the job market and GDP growth. Longworth compares retirement planning to a baseball game, with different positions representing various components of a well-built retirement plan. He also discusses commonly overlooked components of retirement planning and the importance of avoiding rushed decisions. The conversation discusses various financial topics related to retirement planning and income distribution. The principal themes include inflation, market volatility, healthcare costs, tax planning, and longevity. The conversation emphasizes the importance of understanding the effects of these factors on one's financial situation and making informed decisions.

Call Chris Longworth and the team at The Financial Education Group at 800-719-7917 or visit wealthdefender.com.

See omnystudio.com/listener for privacy information.