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Podcast: Michigan's Retirement Coach Podcast With Mike Douglas
Episode: March Madness And Your Money: Building A Retirement Gameplan
Description: College basketballs’ NCAA tournament is right around the corner! For many it’s March Madness’s exciting unpredictability that they love, but when it comes to retirement “unpredictable” is not what most of us seek. In this episode, Mike uses the tournament to illustrate these key principles of financial planning: Prepare in advance: Just like teams practice year-round, you need to start planning for retirement early. Embrace volatility: The market has ups and downs, just like the tournament has upsets. Build a plan that can handle both. Develop a strategy: Understand your risk tolerance and create an offensi...