Kris Dureau has practiced martial arts since he was 12 years old.
This hobby taught him that self-defence is all about situational awareness, so that he can identify and avoid bad situations.
In this episode, Kris Dureau highlights how martial arts principles can apply to eight key areas of your financial life. By practicing these principles, you, too, can learn to protect yourself and gain situational awareness around your money.
Why you should review your insurance policies regularly
How knowing your household cash flow can protect your finances
The idea of paying yourself first
Benefits of debt inventory and planning
The importance of portfolio protection for soon-to-be retirees
One of the reasons why retirement is such a major life decision is timing. If you retire too early, you might have financial trouble. If you retire too late, you might not have the energy to enjoy it to the fullest.
So, when is it the right time to retire?
To help you decide, Kris Dureau walks you through his 10-step pre-retirement checklist. This list will help shed light on the different financial, health, and planning considerations you need to be aware of as you approach your next stage of life.
In this episode, you will learn:
Why you need to choose the type of retirement you want to live
How a cash flow plan, emergency funds, and health insurance can help you improve your retirement needs
How retirees and pre-retirees can approach debt
Benefits of changing your accumulation portfolio to a retirement income portfolio
Tune in today and discover how you can better navigate the path of retirement planning!