The Retirement Solution · NewsRadio 840 WHAS (WHAS-AM)

Retirement Myths: Are You Chasing the Wrong Number?

September 28, 2025·51 min·5 clips

John Hicks reveals how to turn the retirement crisis into a unique opportunity for your future.

This episode features financial advisor John Hicks, founder of J. Hagan Capital, discussing common misconceptions in retirement planning. The host engages Hicks in a conversation about setting appropriate financial goals. They aim to provide listeners with information to better plan for life after their careers. The discussion begins with an analogy comparing step-tracking to financial goal-setting. Hicks notes that multiple devices, including his ring, watch, and phone, track his steps. He mentions his wife also monitors his step count against daily tasks. The host observes that step-tracking can become an obsessive and potentially unhealthy focus. They both appreciate the high step counts achieved unintentionally during weekend errands or family activities. Hicks specifically cites attending his daughters' soccer games as a consistent source of 10,000 to 12,000 steps. He clarifies this activity isn't considered traditionally "active" but involves significant walking around bleachers and fields. A key insight suggests an over-fixation on a single metric, like daily steps, can be counterproductive. The analogy implies a similar risk exists in retirement planning by chasing a specific savings number. The conversation frames common financial targets as potentially misleading or stressful benchmarks. The episode likely argues for a more holistic view of retirement readiness beyond a single figure. The step-tracking example serves as a relatable entry point to critique rigid financial planning. The tone is casual and conversational, blending personal anecdotes with financial advice. The style is educational, using everyday metaphors to explain broader financial principles. Listeners interested in a non-technical discussion of retirement psychology would enjoy this episode. Individuals seeking detailed, data-driven portfolio analysis might find the content too introductory.

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