The Retirement Equation: Controlling What We Can Control

Knowing what is within your control, what you have some control over, and what is entirely out of your control can make a significant difference in how you approach planning.
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When it comes to planning for retirement, one of the most critical aspects to understand is control. Knowing what is within your control, what you have some control over, and what is entirely out of your control can make a significant difference in how you approach planning. Today we’re going to focus on the behavioral side of planning and discuss why control is an important part of the retirement equation. This equation breaks things down into three main categories: things that we have total control over, things we have no control over, and things that we have some control over. Scott will take you through each of these categories and identify the things that fall into each one. We’ll talk government policy, market returns, our longevity, our emotions, and much more. , and what category of control they fall into. Ultimately, balancing these elements of control is crucial for a successful retirement. By focusing on what you can control, making informed decisions based on facts and logic, and maintaining flexibility to adapt to life’s curveballs, you can navigate the retirement equation with confidence and peace of mind.   Here’s what we cover in this episode: 0:00 – Intro 3:00 – Total control 6:20 – Emotions 8:00 – Not in control 9:55 – Some control   Watch the show on YouTube: https://bit.ly/3RiT7Ky

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ABOUT YOUR HOST...

Scott Dougan founded Elevated Retirement Group in 2003 in order to fill a niche he felt was not being addressed properly in the retirement planning environment – helping retirees and pre-retirees in the Kansas City metro area find answers to issues that may affect the quality of life during their retirement.

Scott is a Registered Financial Consultant (RFC) and holds a Series 65 Investment Adviser Representative license, which holds him to the fiduciary standard. He also holds insurance licenses in Kansas, Missouri and other states.

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