Jan 28, 2020
There’s nothing easy about building a portfolio designed to get you through retirement, and this is especially true in the event of an economic downturn. Emotional investing and aggressive reactions to bad news can make matters even worse, and these factors all have the power to turn your retirement from the greatest vacation of your life into something less fulfilling.
To build a truly effective retirement plan, you need to be able to truly look at the economy and deeply understand how to choose investments over a long period of time. You need to know when to buy and when to sell, as well as how to take a big-picture, multi-year view of the economy. At AllianceBernstein, a global money management firm managing over $580 billion in assets worldwide for a massive range of clients, David Mitchell does exactly that.
Today, David joins the podcast to share how to understand economic cycles, the history, and patterns behind them. You’ll discover how to stop making irrational comparisons that don’t make sense and create a meaningful, valuable personal retirement index to ensure that your portfolio isn’t just in great shape, but is able to help you live the life you want, no matter what might happen a month, a year, or a decade from now.
Get Today's Show Notes
To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/17
Learn More about Retirement Planning
Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com