{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Inside BS Show","title":"How to Plan for Retirement | Patrick Cote | 550","html":"","width":"100%","height":180,"duration":2487,"description":"How to Plan for RetirementAbout Patrick Cote:AssetGrade is a fee-only Registered Investment Advisor firm that provides financial planning and investment management services for HENRYs (High Earners, Not Rich Yet) and businesses.Prior to launching AssetGrade in 2013, Pat held a number of executive roles at Fidelity Investments, including running operations for communications and investment reviews for more than 13,000 clients with retirement plan assets totaling more than $600 billion. Pat also ran strategy and acquisitions for OneShield, a KKR-backed insurance software and services provider. He is a former strategy consultant from Bain & Company in London and Boston. Pat is a Chartered Financial Analyst® and earned his MBA from the Wharton School of the University of Pennsylvania and his undergraduate degree from McGill University.Patrick R. Côté,  Founding Partner AssetGrade(617) 933 7257patrick.cote@assetgrade.comwww.assetgrade.comChapters00:00 How to Plan for Retirement00:51 How did Patrick become a financial advisor?01:50 Patrick's advice for people who are unable to retire due to financial obligations07:03 Patrick's advice for people that start their businesses late09:35 What are the strategic differences between being an entrepreneur and a wage earner?12:08 How does Patrick prepare his clients for what their future lifestyle would be like?13:46 What are Patrick's clients' retirement misconceptions?15:33 How damaging are credit cards?20:59 How did Patrick's firm become one of the best in the country?22:21 Who is Patrick's ideal client?23:52 What are Patrick's strategies for dealing with clients?25:38 What is the difference between a fee-only financial advisor and someone who earns a commission by selling a product or service?28:52 Who is the type of person Patrick wants to work?31:35 Why investing in only one company is a bad idea?32:46 What is the advice Patrick has given as a result of COVID?34:11 How does Patrick handle clients who want to invest in S&P...","thumbnail_url":"https://img.transistorcdn.com/PiZj2Jvm0A50__OqC5DH07qJG7fmMYBgHzZdsz2P7co/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS83ZDIx/MjEwZDNiZDMwN2Uw/YzJiNjE0ZTNkMmFm/ODZlOC5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}