It might not seem like it, but there is a really good chance that if you look back on big milestones in your life they probably happened around age 29, 39, or even 49. We all tend to have this mental clock that sets a goal for things like marathons, for example, that we have to accomplish before we reach the next decade of our lives. John McCann and Michael Clark discuss some interesting points on setting goals and how much it helps in getting the results you desire.
Some other great topics that were discussed this week was the FRS system, Inheriting Money and the tax consequences, and a little about annuities. Be sure to listen in because this show cuts through the noise and nonsense about money and gives you the tools you need to build wealth, invest for the future, and put a plan in place.
Quote of the day: “Seems the more places I see and experience the bigger I realize the world to be. The more I become aware of it the more I realize how relatively little I know of it. Maybe that’s enlightenment enough to know that there’s no final resting place for the mind and no moment of smug clarity and perhaps wisdom is realizing how small I am and unwise and how far I have yet to go.” – Anthony Bourdain
Need to find something from today’s show? We have you covered down to the minute!
- “You’re Most Likely to Do Something Extreme Right Before You Turn Thirty” Article – 5.5 min
Annuity decisions – 12.5 min
The information contained in this blog does not purport to be a complete description of the securities, markets, or developments referred to in this material. The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete. Any opinions are those of Michael Clark and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Every investor’s situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. Prior to making an investment decision, please consult with your financial advisor about your individual situation.