My Smart Retirement

What similarities do baseball and retirement planning share? On today’s episode, Nancy and her husband Brian will compare some basic baseball principles to retirement planning, which are surprisingly similar endeavors.   When you go to a baseball game you are probably hoping to see a home run or two. As we know though, the way to win a game has a lot more to do with the little steps and strategies baseball players take than the big glory shots. The single and double hits matter too. A strong retirement plan is built the same way. It’s not always the biggest score that matters the most. The more people try to hit a home run, the more they tend to strikeout. In baseball, it’s not always about appearances. A lot of the time new players come in looking great for a few years but they tend to not last as long as some more reliable players. Similarly, there might be flashy investments out there but will they have those reliable returns? Coaches and managers often look for 5 tool players. These are the most skilled a