Description

Do you want to make more rational money decisions and achieve peace of mind as you approach retirement? I'll be sharing a solution to help you secure your financial future and feel confident about your retirement plans.

About Holly Donaldson:

Holly Donaldson, a former private banker with 21 years in the banking industry, is now a Certified Financial Planner and author of "The Mindful Money Mentality: How to Find Balance in Your Financial Future." With a focus on behavioral economics, she aims to help clients make rational money decisions, addressing common misconceptions and providing insightful strategies for optimal tax planning and financial organization. Holly's e-newsletter, "The View from the Porch," offers a monthly dose of psychological hurdles in decision-making, tax tips, and resources for readers, complementing the themes in her book. With a passion for ensuring individuals are well-prepared for their financial future, Holly's expertise offers invaluable insights for those nearing retirement.

On today’s Fortify Your Financial Kingdom, Holly and Jerry discuss how to:

• Discover the importance of addressing long-term care in your financial planning.
• Streamline your finances with an organized process for evaluating and consolidating accounts.
• Learn how to consider Social Security in your financial plans for peace of mind.

Key Takeaways:

• Mastering financial planning strategies can help secure a balanced and stable retirement. Holly Donaldson shares her expertise, highlighting how individuals often overestimate the financial resources needed to maintain their lifestyle, which may lead to unnecessary stress. 
• Understanding behavioral economics can provide valuable insights into the emotional aspects of monetary decisions. Behavioral economics, as emphasized by Holly, looks at how individuals' emotions can greatly influence their financial choices.
• Recognizing the importance of long-term care is a pivotal part of comprehensive financial planning. Many people neglect this aspect, leaving them unprepared for potential future requirements, as pointed out by Holly. 

“I just wanted to be an independent advice giver without any agenda of any products for sale or any kind of financial company behind me, just like a consultant." 

—Holly Donaldson

Contact Holly Donaldson:

Website: https://www.hollydonaldsonfinancialplanner.com/ 

YouTube: https://www.youtube.com/@HollyDonaldson 

Phone: (813)781-8040

Email: holly@hollydonaldson.com

Virtual By Appointment, Seminole, FL 3377

About the host, Jerry Yu:

Jerry Yu, a retirement and income strategist, specializes in aiding individuals aged 50 and older facing retirement challenges. He designs customized financial blueprints to safeguard retirees' savings from longevity risk, inflation, and sequence-of-returns concerns. Jerry's expertise includes guiding those through the critical "Retirement Red Zone," offering insights on supplemental lifetime income streams, and implementing strategies to counter inflation. His mission is rooted in rectifying the misconception that wealth accumulation strategies are the same as those for spending down assets in retirement, ensuring a secure financial descent for retirees.

Contact Jerry:

Website:www.reignfinancialservices.us

Linkedin:www.linkedin.com/in/jerry-yu-4a293430/ 

Facebook:www.facebook.com/reign.financial.insurance

Instagram:www.instagram.com/reign.financial

YouTube: Search for “Jerry Yu – The Family Money Doctor” (https://www.youtube.com/channel/UCe8Nv41YuU_iIvKe7XKhaoA) 

Office: 500 Technology Dr., #300. Irvine, CA 92618 

Work: (626) 269-9098

Cell: (626) 890-0090

Email: jerry.yu@reignfinancialservices.us

Show notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.