Nov 6, 2020
In this episode of Inside the Plan with the 401(k) Brothers, Bill Bush and Andy Bush, advisors at Horizon Financial Group, talk about times and strategies to make changes in your 401(k) plans and your retirement savings.
01:18 – Bill Bush and Andy Bush talk about how the change in seasonal weather can signal other changes in your life.
02:11 – Is it time to change your contribution rate?
03:31 – New Year's resolutions are a time to reflect on your investment changes.
05:16 – What can you do in the next 30 days to have a better outcome in your life?
07:35 – Make sure you are comfortable with the risk you are taking.
06:50 – Identify what makes your life meaningful instead of just buying random things just because other people have them.
08:30 – Budgets are controls over you, it is you being in control of where your money goes.
09:00 – Use a retirement plan calculator to see where your goals are at currently.
11:20 – Unfortunately, people will spend more time planning a two-week vacation then they will spend reviewing their retirement.
3 Key Points: