Most Common Mistakes In Financial Planning (Ep.26)
For some people, their biggest regret when it comes to financial planning is not starting early enough.
In this episode, Austyn Whittenburg covers the most common mistakes people make when financial planning and how to avoid them.
Austyn discusses:
- Living beyond your means
- Not taking advantage of employers’ 401k matching
- Being uninsured on life insurance
- The worry of not having an estate plan
- The mistake of trying to time the market
- And more
Resources:
- Here is why your savings rate is more important than your investments’ returns By Anora Mahmudova
- Does Market Timing Work? By Schwab Center for Financial Research
- When should you start saving for retirement?
Connect With Austyn Whittenburg:
- (801) 839-7056
- austyn@whittenburgwealth.com
- Schedule A Meeting With Austyn
- LinkedIn: Austyn Whittenburg
- Whittenburg Wealth Partners
- Twitter: Whittenburg Wealth
Whittenburg Wealth Partners and LPL Financial do not offer legal advice or services. This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial or tax advice. For information about specific insurance needs or situations, contact your insurance specialist. Dollar-cost averaging involves continuous investment in securities regardless of fluctuation in price levels of such securities. An investor should consider their ability to continue purchasing through fluctuating price levels. Such a plan does not assure a profit and does not protect against loss in declining markets.
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