Blog post written by Dale Decker
Greece is in the news this week, and anytime there’s an event the magnitude of national insolvency, it makes us think about personal finances.
Greece had been accumulating debt over many years, which is akin to being the squeaky wheel on the wagon of the European economy. Surrounding countries didn’t like the noise but ignored it, hoping it would go away. It didn’t go away. It got louder, and now Greece is in line for support from the European community.
When it comes to personal finances, it’s important to stop and consider what unaddressed “squeaky wheels” you may have.
On Saturday’s Secured Retirement Radio show, host Joe Lucey with Kari Donnelly and Derek Fautsch discussed the importance of taking a financial stress test. Addressing your own financial “squeaky wheel” with a Three Step Review is a great way to see if you are in a strong position to weather current and future financial storms. Taking a moment for preemptive retirement review can be rewarding, and it can help increase your chances for financial success in any climate.
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