Retirement Elevated Podcast with Sean Lee

Taking Out the Financial Trash

January 16, 2020

When was the last time you looked through your financial portfolio and got rid of the things you no longer need? As you move closer to retirement, your strategies will change and adjustments need to follow. So let’s look at four areas that you might considering trashing from your portfolio.

 

Show Notes and Additional Resources: https://retirementelevatedpodcast.com/podcast/taking-out-the-trash-from-your-portfolio/ 

 

Today's Rundown: 

1:02 – What do we mean by taking out the trash?

1:23 – Debt is the first thing to get rid of.

3:03 – Reducing risk is a good idea as you approach retirement.

4:52 – ‘Lazy money’ – this money isn’t doing much for you so move it to a place that will

7:13 – Getting rid of someone that’s not working for you and looking out more for their own pocket.