About Lawrence Sprung: Lawrence Sprung, CFP®, is the Founder and Wealth Advisor at Mitlin Financial, Inc., which he established in 2004. With over 26 years of experience, he specializes in planning and asset management, helping families make informed financial decisions. He is the author of the Amazon best-selling book Financial Planning Made Personal: How to Create Joy and the Mindset for Success, which simplifies the financial planning process. Larry also hosts the Mitlin Money Mindset® podcast, where he engages in insightful conversations about building a positive relationship with money. In this episode, Shawn and Lawrence Sprung discuss: Why retirement planning involves more than just accumulating wealth The role of psychological factors in achieving financial well-being and making sound investment decisions Diversification in wealth management Key Takeaways: Before setting financial goals, individuals should take the time to understand their deeper motivations for retirement, ensuring their money aligns with their long-term happiness and lifestyle aspirations. Whether you’re in your 20s, 40s, or 50s, taking proactive steps today, such as investing, budgeting, and understanding compounding interest, will significantly improve your financial security in the long run. Many people focus only on financial preparation but neglect to plan for how they will fill their time in retirement, which can lead to boredom, dissatisfaction, or even the desire to return to work unexpectedly. With an overwhelming amount of financial information available online, relying on a single knowledgeable and trustworthy advisor can prevent confusion, hesitation, and costly decision-making mistakes. "If you have differing opinions, it might cause hesitation—which might drive you off course. Find that one person that you know, like, and trust—and rely on them." — Lawrence Sprung Connect with Lawrence Sprung:   Email: [email protected] Book: Financial Planning Made Personal: https://www.amazon.com/Financial-Planning-Made-Personal-Mindset/dp/B0C1J7F5FN Show: https://podcasts.apple.com/us/podcast/mitlin-money-mindset/id1533424635 LinkedIn: https://www.linkedin.com/in/lawrencesprung 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. Lawrence Sprung is not a client, nor should his appearance in this ment be construed as an endorsement of Shawn Maloney or Retire Wise LLC. Mitlin Financial, Inc. 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. Review # 2919714 – 3/25 5o196k