Summary: <p> With me today, I have a guest, David Wright. He's the president and owner of Wright Financial Group LLC out of Ohio, with over 34 years of experience as a financial advisor, business owner, and founder. The conversation dives into David's book, "Bonfire of the Sanities," born out of a desire to educate people on the two primary phases of investing: accumulation and distribution. As the discussion unfolds, David emphasizes the importance of understanding which phase of investing one is in and tailoring strategies accordingly. In the context of the book, the conversation delves into the impact of external factors like the COVID pandemic and economic shifts on retirement planning. David stresses the need for purpose-based investing, highlighting the crucial role of income in retirement and the significance of working with a specialist who can navigate the complexities of income generation and risk management. The interview also touches on the challenges faced by retirees, the need for monitoring investments, and the broader scope of geopolitical influences on financial markets. David offers valuable insights and practical advice throughout the conversation, making complex financial concepts accessible to a broader audience. The discussion concludes with information on how to connect with David for further guidance and resources, including remote interviews and a complimentary retirement risk report. Overall, the episode provides a comprehensive overview of key financial principles and strategies for individuals at different stages of their financial journey.</p> <p><br></p> <p><a href="https://www.facebook.com/WrigthFinancialGroup">https://www.facebook.com/WrigthFinancialGroup</a></p> <p>Connect with Rebecca L. Mahan and her social media here: <a href="http://www.rebeccasbizcard.com">www.rebeccasbizcard.com</a></p> --- Support this podcast: <a href="https://podcasters.spotify.com/pod/show/rebecca-l-mahan/support" rel="payment">https://podcasters.spotify.com/pod/show/rebecca-l-mahan/support</a>
