YOUR Money Matters
Straight talk about Finances, Investments, Insurances, and Estate Planning. Drew will address your questions that naw at you through the day as well as having guests from time to time. You can also learn from others questions when Drew answer questions from listeners and clients on the show. Prescott Private Wealth, Inc. is a financial group based out of 451 Hoosick Street Troy, New York 12180. The office phone number is 518-203-1983. The company was founded by Drew J. Prescott who started in the financial services industry in 2005..The financial professionals associated with Prescott Private Wealth, Inc may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Securities offered through Cetera Financial Specialists, LLC. Member FINRA/SIPC. Advisory services offered through Cetera Investment Advisers. Cetera is under separate ownership from other named entities. The third-party comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.
YOUR Money Matters
The BIGGEST Mistakes the DIY Investors Make (And What The Data Actually Shows)
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Most people believe the biggest threats to retirement are market crashes, inflation, or taxes. But the research tells a different story. The real danger is retiring without a coordinated financial plan.
In this episode, Drew Prescott breaks down what decades of academic research and investor data reveal about DIY retirees — where they make the most costly mistakes, how emotional decisions reduce long-term returns, and why poor Social Security timing, withdrawal strategies, and tax coordination can quietly drain income over time.
You’ll learn how much retirement income households may be leaving on the table, why sequence-of-returns risk matters more than most investors realize, and how lack of planning can reduce what you ultimately leave to your family.
If you want to understand the difference between having investments and having a retirement strategy, this episode will change how you think about financial planning.
