Skip to site content

Saving for retirement and building financial independence is like running a marathon. While it takes tons of preparation and planning, it’s ultimately the long-term mindset that helps forge the financial discipline necessary to reach the finish line, so to speak.But what happens when obstacles get in your way along your path? Life happens, and there are things that can work to derail your progress and momentum towards building assets and saving for retirement.Tune in to this week’s episode of The Money Guy Show where we provide a list of the spending and planning obstacles threatening to ruin your retirement. Knowing what obstacles may try to come between you and your retirement can help ensure you are able to avoid and overcome them.In this episode we cover:

In this episode we cover:

  • The four main obstacles that can ruin your retirement
  • The role financial planning plays in your retirement
  • How to be proactive with your finances instead of reactive
  • What it means to live within your means
  • How to successfully manage your cash flow
  • Why the concept of forced scarcity is so important to your long-term financial success
  • What to do with extra money that comes your way
  • How to minimize the stress family and friends can place on your finances
  • When it’s a good idea to seek professional help manage your financial life

Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts! Turn on notifications to keep up with our new content, including:

  • Episodes of The Money Guy Show every Friday
  • Episodes of Making a Millionaire every other Monday
  • Mini-shows every Wednesday
  • Ask Money Guy Livestreams every Tuesday
  • Tons of other fun content!
Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Articles

How Much Do You Need To Retire With an Average Income? Thumbnail

Articles

How Much Do You Need To Retire With an Average Income?

It’s easy to become discouraged if you have an average or below average income. Saving for retirement is normally more difficult with a lower income;...

Should You Be Spending More in Retirement? Thumbnail

Articles

Should You Be Spending More in Retirement?

It’s difficult to overstate the risk of spending too much in retirement (or saving too little for retirement). Running out of money means moving in...

How To Use a Roth Conversion Strategy in Retirement Thumbnail

Articles

How To Use a Roth Conversion Strategy in Retirement

Do you have a substantial amount of assets in pre-tax retirement accounts like a traditional IRA or 401(k)? If so, it could make sense to...

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Financial Order of Operations®: Maximize Your Army of Dollar Bills! Thumbnail

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and the order in which to...

Wealth Multiplier By Age Thumbnail

Free Resources

Wealth Multiplier By Age

If you want to set yourself up for future success, find out how much you need to save every month to become a millionaire.

Car Buying Checklist Thumbnail

Free Resources

Car Buying Checklist

Here’s how you can buy a dependable car that won’t break the bank. Our free checklist walks you through the 20/3/8 rule and strategies to...

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

Financial Advisors Correct The Internet Thumbnail

Episodes

Financial Advisors Correct The Internet

Buy a Ferrari? Go on game shows? Sports betting = investing? Brian & Bo react to wild financial myths and correct the internet by skipping...

Was It Easier For Previous Generations To Build Wealth? (Full Breakdown) Thumbnail

Episodes

Was It Easier For Previous Generations To Build Wealth? (Full Breakdown)

Did Baby Boomers really have it easier, or is building wealth still possible today? We break down key factors between Baby Boomers and Gen Z...

Side Hustles Are Overrated (Do This Instead) Thumbnail

Episodes

Side Hustles Are Overrated (Do This Instead)

Are side hustles overrated? We have a hot take about side hustles, and we are ready to share a better approach to reach your financial...