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 passionate supporter 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
Contact 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/