What misconceptions do you hold about retirement planning? To have an active retirement plan, you need to have the right financial advisor to manage your investment. 

It is important to settle down with an advisor you’re comfortable with, and that aligns with your philosophy. To debunk these misconceptions, you have to do your research and ask the right questions, so they don’t cost you in the future.

In this episode of the Secure Your Retirement podcast, we debunk four costly misconceptions about retirement planning. Listen in to understand these misconceptions at a more detailed level and how to avoid them when looking to invest in your retirement plan.  

In this episode, find out: 

• Not everyone using the title “financial advisor/planner” is qualified.
• The lowest fees are not always the best solution for your goal to engage with a financial advisor.
• Understand what you’re getting from the fees you’re paying and ask questions. 
• All credentials and certifications are not the same. 
• The time and work required to acquire the standard certification. 
• Just because an advisor works for a larger company doesn’t mean they’re qualified.
• Why the independent advisor side of the financial world is the fastest growing today. 
• Do your research when choosing an advisor and ensure they align with your philosophy. 

Tweetable Quotes:

• “If you’re getting what you’re looking for, the fee doesn’t matter as much anymore.”- Murs Tariq
• “When you find out somebody’s got a certification, go find out what it took that person to get certified to be able to use that credential.” - Radon Stancil
• “Every single one of these misconceptions comes down to doing your research and asking the right questions.”- Murs Tariq

Resources:

If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!

To access the course, simply visit POMWealth.net/podcast.

To receive our free book, Get Off the Retirement Rollercoaster, leave a 5-star rating review on Apple Podcasts and send a screenshot to morgan@pomwealth.net.