Ep 224: 5 Financial Commandments for Retirement Planning

Retirease Radio with Victor Medina CFP®, RICP®, CELA®

Financial planning looks different from person to person. That’s the beauty of building a customized plan that doesn’t adhere to the same set of rules. It gives you the ability to have a plan that’s flexible and fluid.

Even though every plan is different, there are some guidelines everyone should follow. Let’s explore some financial commandments that should be written on stone tablets in your retirement plan and find out why Victor thinks these five are so important.

Here are the commandments we’ll discuss in this episode:

• Thou shalt not compare my investments to the stock market without the proper context. (1:14)
• Thou shalt not give up before giving your strategy enough time to play out. (4:41)
• Thou shalt not chase big returns too late in life. (7:53)
• Thou shalt not ignore costs and fees. (10:32)
• Thou shalt not overlook the importance of rebalancing and diversifying. (13:16)

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/