Patience Pays: The Power of Delayed Gratification

Sometimes it’s hard to make financial sacrifices when the reward might not be seen until several years in the future. Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards.

We try to instill this lesson in our children as early as we can, but it’s still difficult for adults to see the big picture. Being able to maintain that long-term approach to finances and retirement, you’ll have a much greater chance of success down the road.

 

Here’s what we discuss in this episode:

0:00 – Intro

2:00 – 401k match

3:28 – Tax-deferred accounts

5:17 – Emergency fund

6:18 – Cash out retirement plan early

8:47 – Delaying home maintenance

10:23 – Social Security

12:53 – Health

14:36 – Wrong advisor

 

If you have any questions about what we discussed today, please reach out and we’d be happy to set up a time to talk.

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SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

SPIROS VASSILAKOS

For more than 20 years, Spiros has helped families and individuals, corporate executives, physicians and small business owners locally and nationally, pursue their financial goals with thoughtful, tax-sensitive investment guidance. 

Spiros is focused on helping you pursue your greatest objectives with simplicity, transparency and a disciplined process to measure your progress. His guidance is tailored to support your current lifestyle, retirement income needs and legacy goals, while making you feel comfortable at every step of the way. His passion is fueled by knowing he has made a positive difference in the lives of the families and organizations he serves.

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(727) 754-8418

AthenianPCG@Cambridgesecure.com