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Patience Pays: The Power of Delayed Gratification
Manage episode 393501444 series 3485869
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Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards. As we go through these eight situations, a few of them might seem pretty straightforward while others might not be as obvious.
Here’s some of what we discuss in this episode:
- Why you never want to pass up on a 401k match.
- The power of using a Roth rather than deferring taxes into retirement.
- Tapping into an emergency fund or early 401k withdrawals can be costly.
- Why claiming Social Security at age 62 might not be your best strategy.
- Why you shouldn’t skip regular health check-ups and preventative care.
Connect with Eric Judy online at https://www.judyfg.com/ or by calling 217-303-1711. You can also book a complimentary review at https://calendly.com/ericjudy
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