Financial plans tend to focus on the future, like retirement plans and savings goals. It can be tempting to sacrifice the bigger gains of the future for smaller gains now. But it’s crucial to keep your sights set on your long-term returns.
Special guest CWA Planner Sam Richter joins the summer series exploring biases to examine present bias. Present bias is the tendency to give a stronger weight to immediate payoffs at the expense of future gains. How to avoid this trap? Listen in to this new episode and find out.
Have questions or ideas for Hunter and Judson? Reach out at cainwatters.com/wealth. Don’t miss an episode, subscribe and leave the guys a review on Apple Podcast, Spotify, or wherever you listen.