In this episode of Nuggets of Knowledge, Chris and John of Prospect Wealth Advisors discuss the importance of financial spring cleaning and share lessons from college basketball that can be applied to financial planning. They emphasize the need for regular financial check-ups and the importance of reviewing spending habits. They also discuss the benefits of having an emergency fund and the role of insurance coverage in retirement planning. The hosts highlight the value of working with a financial professional to maximize investments and ensure a secure financial future. In this conversation, the hosts discuss the parallels between college basketball and financial coaching. They highlight the importance of having a great coach in both areas and emphasize the need for preparation and a solid game plan. They also discuss the role of trust and teamwork in achieving success. The hosts share their experiences of helping clients navigate the decumulation phase of retirement and the importance of celebrating victories with clients. They also address questions about managing IRAs, investing in CDs, and converting to a Roth IRA.

Reach out to Chris or Jon at 602-497-1322 or https://www.prospectwealthadvisors.com/

See omnystudio.com/listener for privacy information.