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/