The Hidden Bias That’s Messing With Your Retirement Plans
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Ever found yourself nodding along to an idea just because it feels familiar? Or perhaps sticking to a financial plan because it’s worked in the past, without questioning its efficiency today? It’s not just you; it’s confirmation bias at play, and it can be a silent saboteur in both our everyday life and financial futures.
On this episode of “Your Telecom Retirement,” you’ll discover:
š§ (0:01) – The intriguing psychology behind confirmation bias and how it can masquerade as logical thinking.
š (0:19) – Insights from the Nobel Prize-winning work featured in “Thinking, Fast and Slow” and how it applies to our financial lives.
š” (2:11) – A deep dive into the “junk drawer” phenomenon in your home and how it mirrors financial behaviors.
š (11:29) – Real-life examples of how overlooking confirmation bias can impact investment outcomes
š” (17:08) – Strategies for ensuring your retirement plans are reality-proof and not just comfort-based.
Weāll unpack these topics and more, providing you with the tools to recognize and overcome the pitfalls of confirmation bias.
Ready to challenge your financial assumptions and pave the way for a secure retirement?
Tune in now to sharpen your fiscal acumen.
EPISODE LINKS
You can download a free digital copy of Dennis’ book āRetirement Built Right ā The Essential Guide for Telephone Employees!ā here: https://theverizonguy.pages.ontraport.net/ebookoptin
ABOUT THE SHOW
Tap into Dennis OāKeefeās 30+ years of experience helping telecom employees maximize their company-specific benefits packages for situations including early retirement, buyout offers, career changes and more!
Featuring actionable, practical how-to advice along with stories of REAL telecom employees Dennis has helped navigate through every benefits situation imaginable, each episode of āYour Telecom Retirementā focuses on how to maximize the money you take out of your time working for telecom.
Dennisā expertise has been featured by Business Insider, The Boston Globe and Yahoo! Finance.
Connect with Dennis on LinkedIn: https://www.linkedin.com/in/dennisokeefe-/
Visit Dennisā website: https://www.successfulmoney.com/
Please see our disclosures statement here: https://www.successfulmoney.com/website-disclosure