Her Wealth Matters

Ep 5: What’s Your Level of Desire to Retire?

Retirement come in many different forms and we all create our own vision of the day we make that exciting transition. Maybe you’re someone that plans to work as long as you can or you the person that’s ready to retire as soon as possible. We all have a different level of desire when it comes to retirement, and today we’ll span the spectrum with J’Neanne Theus.


Read more about the topic and additional resources here: https://theuswealthadvisors.com/2020/03/ep-5-whats-your-level-of-desire-to-retire/ 


Today's show rundown: 

0:47 – Here’s what our topic is all about. Let’s determine what each of these statements mean.

1:26 – Level 1: ‘I don’t see myself retiring because I love what I do.’

3:27 – Level 2: ‘I guess I could retire but I don’t hate working so I might as well keep doing it.’

6:10 – Level 3: ‘I would like to retire in a few years, but I really have no idea when I can.’

8:04 – Level 4: ‘I always pictured myself working a few more years but retirement is starting to look better and better.’

11:39 – A lot of people have early buyouts that play into level 4.

13:15 – Level 5: ‘I want to retire tomorrow. If I don’t quit this job right now I’ll have to be put into an asylum.’

Ep 4: How Bias Affects Your Investing Decisions

Many different types of bias can play a role in the decisions an investor makes and most of the time it results in a negative outcome. Let’s highlight six of the biases that we see clients use for their financial decisions and explain how they affect your portfolio.


Get the show notes and additional resources here: https://theuswealthadvisors.com/2020/03/ep-4-how-bias-affects-your-investing-decisions/ 

Today's show rundown: 

1:03 – A recent study looked at the ways financial bias impacted investors decisions.

1:37 – Confirmation bias is one we see a lot.

3:13 – Loss-aversion bias is a really big one because we feel the negative

5:28 – We feel losses much more than the gains.

6:36 – Disposition Effect Bias, what does this mean to investing?

7:35 – J’Neanne shares an example of how this impacted a client.

9:12 – Hindsight bias makes you feel like you an event was predictable.

10:13 – Familiarity bias led a lot of people to be hit hard in 2008.

11:55 – Let’s explain self-attribution bias.

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