Listen To My Latest Podcast Episode:

How To Have A Bulletproof Financial Plan

Listen To My Latest Podcast Episode:How To Have A Bulletproof Financial Plan

Episode Resources: Retirement Planning Success Course – Everything you want to know about planning your retirement.

Hi, this is Denver Nowicz, 17 year independent adviser and fiduciary.

Hope you’re enjoying this series.

We’re talking about the 10 Principles for Creating Wealth For Life.

This is Principle #4: True Diversification. (Not the fake kind!)

Now when people talk about diversifying they think about, well I just need to have a different basket of stocks, bonds, and mutual funds.

That’s what Wall Street tells us to do.

But that’s really not true diversification ’cause they’re all still the same type of asset, right?

They’re all an investment in the market, stocks, bonds, mutual funds.

Those are great things to have but if you’re diversifying, you need to have different types of assets providing you income for retirement.

Because the idea is you wanna be bulletproof.

You wanna be able to have income coming in so no matter what is happening in the world.

So that means you have all of the above.

It’s not one thing or another.

You have investments, you have annuity strategies you have life strategies, you have real estate strategies, business income and more.

The problem is people in the industry tend to plant their flag at one thing or the other.

You’ll have certain people out there that say I hate annuities and all annuities are bad.

Then you’ll have people say, oh, I don’t trust the market. Everything in the market is horrible, don’t ever invest there.

Then you’ll have people who say real estate’s where to go.

Reality is it’s all of the above.

And so if you hear people talking about, you know, hey, that strategy’s bad, that strategy’s bad.

You know, that could be a red flag. Because really, there’s good and bad in every category, right?

There’s good stocks and bad stocks, good annuities, bad annuities.

Good real estate, bad real estate.

What you wanna do is put it together so you have income coming in from all these different sources so no matter what happens in the world, you’re gonna be bulletproof.

So check out the Retirement Success Planning course that we have if you wanna learn more on how to do that and put it all together yourself.

You get all the frameworks, the charts, the videos.

The instructions using the latest learning technology that will walk you through it so you can finally have the peace of mind that you’re looking for.

Thanks for reading this and I look forward to talking with you soon. Check out the course!

https://www.wealthforlifenews.com/retirement-success