What The Psychology of Money Reveals About Retirement
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What The Psychology of Money Reveals About Retirement
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We all like to believe we're rational when it comes to money, but our emotions often tell a different story. In this episode, Eric unpacks key insights from Morgan Housel’s The Psychology of Money and explains how our upbringing, fears, and life experiences shape how we save and spend. From the fear of running out to the trap of always wanting more, Eric explores why logic alone isn't enough to build a solid retirement plan.
Here’s some of what we discuss in this episode:
🔍 Why "no one is crazy" when it comes to money
💰 The danger of the “never enough” mindset/constant pursuit of more
🧠 Why being reasonable is more important than rational in financial planning
🛡️ Building a plan that allows for the unexpected
Get in touch with the Peterson Financial team: https://petersonfg.com/