We were playing the dangerous game of perusing the comments section of a recent article about COVID-19 and the impacts on retirees and how much money you’ll need to retire going forward. The trip into the comments section is always a mixed bag of trolling, inaccuracies, and sometimes surprisingly helpful insight from what we’ve come to describe as “Keyboard Warriors.” So, let’s look at some of the sentiments found under this recent article and see if they resonate with how others truly see the financial world, retirement, and how to best prepare for it all.
Read more and get additional financial resources here: https://principalpreservationservices.com/ep-41-lessons-from-keyboard-warriors/
Today’s show schedule:
0:58 – Mike has his first seminar scheduled since the pandemic started.
3:22 – Let’s talk about keyboard warriors and the comments on a recent article.
4:11 – First comment
5:46 – Second comment on concern
7:44 – Third comment on opportunity
9:22 – Fourth comment
10:54 – Fifth comment with opposite views.
13:22 – Final comment on planning
15:27 – Mailbag Question: I have a variable annuity and found out that the fees are very high. I’d like to move the money but I’d have to pay a penalty to get it out. Is it worth paying the penalty to lose the high fees?