Episode 43 - Goal Setting in 2024 with Tara Bruce
Description
Reid Trego, the host of the Money Pig podcast, is joined by Tara Bruce, GIA's Marketing guru. They discuss goal setting in the new year and emphasize the importance of setting financial goals. They recommend reflecting on the previous year's goals and determining whether they were accomplished. Tara shares that writing down your goals increases the likelihood of achieving them by 42%. They also mention evaluating investment performance and considering adjustments if necessary. If your investment accounts are not performing in a way that meets your desired goals, then you might want to talk to your advisor to make adjustments in your portfolio.
Setting SMART (Specific, Measurable, Achievable, Relevant, Time-based) goals is encouraged. Reid and Tara highlight that many people struggle with knowing what questions to ask or where to begin when it comes to financial planning but assure listeners that their team at Goodwin Investment Advisory has a heart for teaching and aims to make complex concepts understandable for clients. Some common concerns include anxiety about retirement security and not wanting to be financially dependent on their children during retirement. Seeking a second opinion on one's retirement plan is recommended as well.
Goodwin Investment Advisory is now offering a free second opinion on your retirement plan and if you schedule this call you will be speaking with Tara to complete a quick assessment. If you have a growing portfolio of $300,000 or more and would like a second opinion, please schedule a call here. After the call, one of our advisors will follow up with you to share action items and next best steps. If you are not ready yet, and just want to subscribe to our blog you can text BLOG to 66866 to join.