Retirement Planning Pitfalls—Don’t Make These 5 Mistakes

Available for Interviews: Chris Janeway

Chris Janeway is the Founder & CEO of Fourth Point Wealth and coaches investors throughout southern CA.  He is also a national speaker, financial coach, and advocate for financial literacy.

What Chris Janeway can say in an interview on
Common Retirement Mistakes

 1. Many don’t effectively plan their taxes and expenses properly.  Small changes in the monthly budget can be what leads to running out of money.

 2. Too much or too little risk. Finding the right risk balance is crucial. While we don’t want to be exposed to massive market volatility, the real enemy is inflation. Too many retirees are sitting on piles of cash and CDs, losing buying power.

 3. Giving too much to family. Early in retirement, looking at the balance of our retirement funds can make us feel like we’ve got more than we really have.  Those funds have to last 30+ years. Paying for the big family vacations, grandkids’ education and down payments on houses often spell trouble later in retirement.

 4. Not staying physically fit. The great unknown in retirement spending is our healthcare. Medications, surgeries, and chronic care costs pile up and, depending on your coverage, can be a massive financial burden. Focusing early in retirement on healthy exercise and diet will help you live longer, stronger, and spend far less on healthcare.

 5. Focusing too much on your money. When we end our career without a plan, we have a funny way of spending all our free time worrying about things we can’t control.  Worry #1 is our account balances and investments. Stressing about the day-to-day fluctuations and what stocks you’re in/out of is a recipe for disaster.  Being on top of your money is not the same as micromanaging.  Micromanaging the funds can inevitably lead to emotional, silly mistakes.


Interviews: Chris Janeway

Chris Janeway is the Founder & CEO of Fourth Point Wealth, a wealth management and coaching firm which manages over $100 million, helping families build confidence and grow their wealth.

Chris founded Fourth Point Wealth to fix the broken investor experience. Chris works with individuals and organizations who value collaboration with a financial coach, and he’s developed a process that helps investors identify their goals, pinpoint gaps, and truly understand their wealth. Chris is passionate about client education and believes that, through a clear focus on coaching, investors are more likely to remain confident and committed to their long-term plan and avoid common imprudent decisions that damage our financial future.

When Chris is away from the office, he loves to golf, coach youth sports, and enjoys spending time outdoors with his wife, Katy, and their sons, Brennan and Graham.

Jo Allison
Managing Editor
Director of Public Relations
Success In Media, Inc.

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