Famous Last Words: Retirement Phrases That Can Cost You
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Famous Last Words: Retirement Phrases That Can Cost You
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Connect with the Peterson Financial team here 👉 https://petersonfg.com/
We’ve all heard the phrase “famous last words.” These statements sound confident in the moment but don’t age well. Retirement planning has its own version of those phrases and believing them can lead to painful consequences. In this episode, Eric shares the financial phrases he’s heard far too often, why they can be dangerous, and how shifting your perspective can create real safety and security in your financial plan and future.
Here’s some of what we discuss in this episode:
📉 Waiting for “the right time” to get out of the market usually backfires
💵 Cash feels safe but loses purchasing power
🎂 The danger of planning to “die early” and outspending your money by age 75
🏥 Why dismissing the possibility of nursing home or dementia care is a risky assumption
🧭 How to set up income streams so market downturns don’t force you into bad decisions
Get in touch with the Peterson Financial team: https://petersonfg.com/
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