We want confidence and stability in our retirement plans but overconfidence can cause us to make financial mistakes. Today we are discussing some common areas of overconfidence in financial planning and how we can manage these areas.
Read more and get additional financial information: https://philstaxhacks.com/podcast/ep-108-overconfidence-in-financial-planning/
What we discuss today:
0:55 – Happy Halloween
2:36 – Stock market
5:50 – A certain number
8:48 - Rules of thumb
11:12 – Understanding and decision making