Show notes
Subscribe to The Capitalist InvestorThere are a lot of incorrect financial plans out there. The last thing you want is to think you have the perfect retirement planned—only to find out you’ll come up short. Many companies or financial advisory firms advertise “free” or “cheap” goal-based retirement plans. The truth is, anyone can generate a goal-based plan—but why do we think that’s not good enough? How should you build an accurate financial plan? Listen to this episode of The Capitalist Investor to find out! Outline of This Episode[0:20] How to build an accurate financial plan[2:57] Capital market return expectations[9:05] Why a goal-based financial plan will fall short[15:12] Calculating on straight-line returns[20:35] How tax is calculated in planning software[23:38] Why you should update your financial plan oftenResources & People MentionedMonte Carlo SimulationConnect with Derek GabrielsenTwitter: @DerekGabrielsenFollow Derek on LinkedInSend Derek a message hereCheck out Derek’s YouTube channel!Connect With Mark TepperTwitter: @MarkTepperSWPFollow Mark on LinkedInSend Mark a message hereThe SWP Connect YouTube ChannelSend your questions and comments to us at [email protected] to The Capitalist InvestorShow Notes byPODCAST FAST TRACKhttps://www.podcastfasttrack.com