Planning for your retirement is not black and white. It’s not cookie-cutter, or one-size-fits-all.
And because there is no universal template when it comes to retirement planning, it’s important that your plan is tailored to your lifestyle and how you envision your post-work life.
In this episode, Michelle provides ten strategies to help you avoid common retirement planning mistakes. Listen in as she stresses the importance of having an adequate emergency fund, not selling investments during market downturns, and what you should know about holding too many scattered accounts, or holding too much of one company’s stock.
Gain insight as Michelle discusses:
- How to build an emergency fund using modern-day strategies and tools
- Diversifying your investments and how to avoid concentration risk
- Misconceptions about renting versus owning a home
- The importance of paying yourself first while eliminating any debts
- Benefits of having your investments and accounts managed by one advisor
- And more
Resources:
- History shows that Stock Gains can Add Up After Big Declines
- The value of professional advice evaluated and quantified by Vanguard
- Master Your Tax Planning For Retirement with Sarah Brenner (Ep. 8)
- Reducing Tax Rate Risks for Your Retirement (Ep. 3)
- Sick of Renting? Follow these Tips when Buying a Home
Connect with Michelle: facebook linkedin twitter
YouTube: Gessner Wealth Strategies
About Michelle Gessner:
As a CERTIFIED FINANCIAL PLANNER™ professional, Michelle is passionate about building a life plan for her clients and helping them see that they have choices, which often comes to them as a pleasant surprise. She is an independent thinker and a huge advocate of her client’s interests. Her greatest joy is working to do what is right for them and be their voice.
Michelle has a B.S. in Finance from the University of Colorado, Boulder, and an M.S. in Management from Boston University, Brussels. Growing up in Montana and moving to Colorado for college, she took out student loans and worked her way through all four years. After graduating in 1987 with honors, she accepted a job at Shell Oil in Houston and worked her way up the corporate ladder to a management position before leaving in 1992 for Brussels, Belgium, where she lived for 4 years. In Brussels, she learned about different cultures and basic conversational French as well as pursuing and earning a graduate degree in management.
As a CERTIFIED FINANCIAL PLANNER™ professional, she is held to the highest standards set forth in the industry. She surrounds herself with a back office of experts in tax and investment research so that her clients have the best of both worlds – the resources of a large firm with the caring, dedication, and personal service of a small firm.
