Power Your Retirement
Hosted by Steve Smit, CERTIFIED FINANCIAL PLANNER® and founder of Powerhouse Financial Advisors, this podcast is designed to help employees of large publicly traded utility companies take control of their retirement planning. Steve, author of Power Up Your 401(k), shares insights on maximizing 401(k) options, navigating self-directed brokerage accounts, and creating a secure financial future. Tune in for practical advice, helpful resources, and strategies to power up your retirement! Subscribe and never miss an episode! Also available in video format on YouTube. For more information about Power Your Retirement, visit PowerhouseFinancialAdvisors.com or call 775-266-8867.
Power Your Retirement
The Gas Station Sushi Equivalent Of Retirement Planning
We all know there are things in life you probably shouldn’t trust, like gas station sushi or an email from a Nigerian prince. But what about when it comes to retirement planning? Sometimes what looks safe, easy, or even “guaranteed” isn’t so trustworthy when you peel back the layers. In this episode, Steve shares the financial “gas station sushi” equivalents that lure people in but can leave them feeling sick later.
Here’s some of what we discuss in this episode:
🍣 The lure (and danger) of gas station sushi as a metaphor for risky financial choices
🤖 Using AI or WebMD as your doctor or financial advisor
🗣️ Friends & neighbors’ “big wins” aren’t always the full story
🩹 Dollar-store duct tape: sometimes you get what you pay for
⚠️ The risks of blindly following financial rules of thumb
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