When it comes to personal finance, there's no shortage of advice and opinions out there. Along with that, there also are a lot of myths and misinformation about managing your finances. In this episode, we tackle five of the most common myths we come across, including: 1) I need to change my investments based on XYZ headline, 2) Once I have $XYZ portfolio value, I'll be content, 3) A tax refund = good tax planning, 4) Whole life insurance helps cover your insurance needs while allowing you to efficiently save/invest at the same time, and 5) Just save 20% of your income toward retirement and you'll be fine. We explain why each myth exists, why it's misguided, and provide an alternate way to think about each underlying topic.
Subscribe to The Physician's Guide To Financial Wellness
on Apple Podcast, Spotify, and Google Podcast
