On the Money: Biggest Financial Misconceptions
On this episode of "On the Money," Paul Ruedi, David Ruedi, CFP®, Ryan Repko, CFP®, and Dr. Fred Giertz discuss Social Security claiming strategies and some of the most common financial misconceptions.
(1:37) GDP
(3:18) Weekly newspaper articles
(8:28) Tariffs
(10:33) Are people more financially educated now?
(26:08) Coordinating your Social Security claiming strategy with portfolio withdrawals
(34:16) $1 million dollar home or $1 million in 401(k)?
(43:12) Concentrated stock positions
(47:21) Biggest financial misconceptions