Optimizing Your Financial World - Episode 22 (Smart Money Moves to Make While You're Still Mentally Sharp)
As we age, many of us will experience cognitive decline. It could be minor, but perhaps major.
On the latest installment of Optimizing Your Financial World, we’re looking at some ways to potentially safeguard your assets from wealth-destroying mental money mistakes before that time comes. Here’s a look at how to do it!
Timecodes:
0:06 - Introduction and overview on the topic of the day
1:55 - We lose the ability to make well-informed decisions later in life
3:12 - How this cognitive decline can impact our financial decisions as well
4:43 - Steps you can be taking to mitigate mental errors
6:18 - Simplify your financial world!
7:55 - The importance of financial transparency with your family and trusted advisors
12:52 - The mistakes to avoid when it comes to dealing with cognitive decline
16:09 - There are action steps you can be taking right now!
17:40 - How to get in touch with Mark and his team
18:30 - Closing remarks
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