Summary: The decisions that you make about your retirement plan today have a huge impact on your life tomorrow. Your future isn’t going to pay for itself and in this episode, Harris Nydick and Greg Makowski, the coauthors of <a href="https://www.amazon.com/Common-Financial-Sense-Strategies-Successful-ebook/dp/B07BQDRZ96/&tag=authorhour-20" target="_blank" rel="noopener">Common Financial Sense</a>, will give you the knowledge you need to fund the retirement you deserve.<br> By the end of this episode, you’ll know:<br> <br> * Which investments are best suited for you<br> * Important choices that are appropriate to your stage of life<br> * The optimum amount to save each year<br> * And, you’ll be calm in the face of market fluctuations<br> <br> Most importantly, you’ll know how to get to retirement with a large enough nest egg that you’ll be able to live comfortably.<br> When it comes to investing for your future, most people don’t even know where to begin or what questions to ask, instead, they stay in denial and avoid the reality.<br> This episode is meant to be your starting point.<br> <br> <br> <a href="https://www.amazon.com/Common-Financial-Sense-Strategies-Successful-ebook/dp/B07BQDRZ96/&tag=authorhour-20" target="_blank" rel="noopener noreferrer"></a>Get Harris and Greg’s new book <a href="https://www.amazon.com/Common-Financial-Sense-Strategies-Successful-ebook/dp/B07BQDRZ96/&tag=authorhour-20" target="_blank" rel="noopener noreferrer">Common Financial Sense</a> on Amazon.<br> Find out more at <a href="http://www.cfsias.com." target="_blank" rel="noopener noreferrer">CFSIAS.com</a>.<br> <br> Harris Nydick: We both grew up in very modest upbringings, and as we went through school and grew up and went to college and started working, we found ourselves in an industry where you generally dealt with a lot of wealth and aspiring wealth and we had no issues getting involved in that area.<br> However, when we started getting involved with 401(k)s, it got especially interesting. You were dealing with owners, CEOs, professionals who were all the owners or the heads of companies or organizations. They were responsible for making decisions about how to invest and then they had all the employees who had to choose of the types of investments that they had.<br> What we learned is that we had our own financial DNA and our own financial fingerprint. We had a lot more in common with the employees than the employers because of our upbringing.<br> <br> Where is the seed of financial education for the rank and file employee? <br> <br> This industry is completely built to serve the wealthy, and if you don’t have certain minimums, sometimes you don’t even get a live body to talk to.<br> So the question is, where are the rank and file employees seated at the table of financial education?<br> We could potentially move that needle and spend time educating the employees to give them the attention that they deserve, the respect that they deserve.<br> Because everybody’s stack means the same to them no matter how big the stack is, and they don’t have opportunities to get the same kind of guidance potentially.<br> <br> A Better Financial Planning System<br> Charlie Hoehn: Were you two at a position in your life where you felt you had high financial acumen that you were going to achieve financial success one day or were you still sort of figuring things out?<br> Greg Makowski: We both are certified financial planners. Going through that program, you build financial acumen, and then we’re building our business at the same time.<br> So we’re starting to understand what it takes to accumulate assets ourselves. How hard it is to save money and to invest money and not worry about the markets.<br> You have to remember, it really wasn’t too long ago when the 401(k) and the 403(b) were actually rolled out in America.<br> You have to think of the employees at that time,
