Episode Details

Back to Episodes

Patience Pays: The Power of Delayed Gratification

Episode 210 Published 2 years, 11 months ago
Description

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards…

 

Here’s some of what we discuss in this episode:

2:32 – Passing up a 401k match

5:32 – Saving only in tax-deferred accounts

8:05 – Depleting emergency fund

10:37 – Cashing out retirement plan

13:24 – Delaying home maintenance

15:28 – Social Security at age 62

18:26 – Working with wrong advisor

 

 

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us