Planning the right time for your retirement depends on a lot of factors: how long do you want to continue to work, how much money do you have saved, what is your health like, and what is the economy doing? Some of these are within your control and you can change if, for example, market conditions are less than ideal you might choose to continue to work for a few more years until your nest egg recovers.
In this video I describe an important stock market lesson you should learn and remember.
I made a short video showing you exactly how you can overcome the hardwired biases that can cheat you, including the huge mental trap that even Warren Buffett has to fight.
Now is it a great time to reflect on your life and find ways to improve upon it. Why not try to live the best life you can? One way to live your best life is using the power of compounding.
It is officially gut check time.
So, I’d like to tell you a story about two investors who lived through a bear market and how their decisions during the correction affected their lives ever after.
