Balancing Risk, Debt, and Protection in Building Wealth with Leonard Raskin 6o5i1q

About Leonard Raskin: Leonard Raskin is the founder and CEO of Raskin Global, a financial advisory firm dedicated to helping clients build, spend, and use their wealth wisely. With over 34 years of experience in the financial industry, Leonard holds a master's degree in financial services and prestigious credentials including CFP, AEP, and CLU. His approach combines education, state-of-the-art technology, and a steadfast philosophy to simplify complex financial matters and guide clients towards financial balance and success. Leonard is also a noted media contributor and a ionate er of charitable causes, actively working with several foundations. In this episode, Shawn and Leonard Raskin discuss: Risk management in financial planning Importance of retirement strategies Role of debt in wealth creation Value of objective financial advice Key Takeaways: Many individuals overestimate their risk tolerance because they haven't experienced significant financial losses, leading them to prefer a guaranteed high probability of a substantial result over a risky chance at a perfect outcome. Effective retirement planning involves not only accumulating wealth but also strategically utilizing financial products like annuities and reverse mortgages to ensure a stable income throughout retirement​. Proper debt management and understanding the difference between good and bad debt are crucial for leveraging financial opportunities and creating wealth, as exemplified by companies and successful individuals. A holistic approach to financial planning, which includes assembling a team of advisors who can provide comprehensive and objective advice, significantly enhances the likelihood of achieving a secure and enjoyable retirement​.  "Start early, save well, protect it all, invest well, and you have all you want forever." — Leonard Raskin   Connect with Leonard Raskin:  Website: www.RaskinGlobal.com LinkedIn: https://www.linkedin.com/in/leonardraskin/ Facebook: www.Facebook.com/RaskinGlobal Get a free copy of Shawn’s book “The Priority of Retirement” here- https://www.retirewisepro.com/the-priority-of-retirement Shawn: Website- https://www.retirewisepro.com/ YouTube- https://www.youtube.com/channel/UCiIMGdosN-snkV5gFt7FRSg LinkedIn- https://www.linkedin.com/in/shawn-maloney-retire-wise Instagram- https://www.instagram.com/retirewise_llc/ Facebook- https://www.facebook.com/ShawnMaloney.RetirementPlanning/ Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it. Leonard Raskin is not a client, nor should his appearance in this ment be construed as an endorsement of Shawn Maloney or Retire Wise LLC. Raskin Global is not d with Retire Wise LLC. or AEWM. The information and opinions contained are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the needs of an individual's situation. 6z3t