What is a Good Monthly Retirement Income - March 8, 2025

Are you aware of the common investing mistakes that could jeopardize your retirement savings? In this episode of "On the Money with Jerry and Nick Royer," the father-son financial coaching duo shares their insights on the five major investing pitfalls and how to avoid them. The episode dives deep into the emotional and psychological aspects of investing, such as the fear induced by sensational media headlines and the dangers of reacting impulsively to market fluctuations. Jerry and Nick emphasize the importance of having a solid investment plan that prioritizes long-term goals and strategic rebalancing to maintain financial stability.The discussion continues with practical strategies on managing risk appropriately according to your age and financial situation. The Royers share valuable guidelines like the "Rule of 100" to help listeners determine their optimal risk exposure. They also highlight the significance of regular portfolio rebalancing, intelligent tax planning, and seeking professional financial advice to navigate the complexities of retirement planning.For more information about Nick & Jerry Royer and the Group 10 Financial Team, visit https://group10financial.com/For more information about Nick & Jerry Royer and the Group 10 Financial Team, visit https://group10financial.com/