Patience Pays: The Power of Delayed Gratification

The Retirement Show: Your Life, Your Money with Scott Sierens

English - December 07, 2023 10:00 - 24 minutes - 22.8 MB - ★★★★★ - 3 ratings
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Previous Episode: Social Security Penalties, Saving on Rollercoaster Income, Keep the Company Stock – Mailbag Episode

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In a world where technology has placed instant gratification at our fingertips, it can be hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards…

Here’s some of what we discuss in this episode:

Passing up a 401K match Saving only in tax-deferred accounts Claiming Social Security at age 62 Skipping out on regular health check-ups and preventative care

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