Late night comedian and host Johnny Carson could bring the funny, but his words also carried wisdom about financial planning. He famously said that people will pay more to be entertained than educated.

Johnny recognized this fact many years ago, and it’s still true today. When the news is more about entertainment than information, it can lead to people having too much anxiety about what’s going on around them because of the way things are presented. And that often leads to less than ideal financial or investment decisions.

Check out today’s show if you want to hear more of Johnny’s wisdom. As always, if you have any questions about retirement or investing, feel free to reach out to us for help.

Here’s some of what you’ll learn in this episode:

• “I know a man who gave up smoking, drinking, sex, and rich food. He was healthy right up to the day he killed himself.”
• “People will pay more to be entertained than educated.”
• “I work because I enjoy what I’m doing, and the fact that I make money at it is a fine-and-dandy side fact.”

Thanks for listening! We’ll be back for another show every other Thursday.