Ramp Up to Retirement
The Risk of Following TikTok Finance
Key Takeaways
- How social algorithms can pull you into financial advice content
- Possible motivations behind influencer content
- What fiduciary standards require (and what they do not)
- How personalized planning can help you assess decisions and potential tradeoffs
Show Notes
Online platforms surface a steady stream of financial content, often from influencers whose guidance is not tailored to individual situations.
In this episode of Ramp Up to Retirement, Dan Reese discusses the difference between broad online commentary and fiduciary planning, and how that gap can affect real retirement decisions. He walks through examples involving Roth conversions, Social Security timing, and investment choices that are sometimes framed too broadly in short-form content.
Converting from a traditional IRA to a Roth IRA is a taxable event.
Resources
Carson Wealth Retirement Readiness Quiz
About the Podcast
You’re nearing your Ramp Up to Retirement, where work will be optional. How do you make the best decisions to set yourself up for success? Tune in to hear from Dan Reese CFP®, Founder, Senior Wealth Advisor at Avery Wealth about the decisions and subtle changes you can make to ensure your retirement is successful!
As you approach life’s next chapter, we’re here to guide you through the intricacies of financial planning. We’ll help you stay focused on what truly matters as you navigate your retirement journey, overcome financial challenges, and leave a lasting legacy.