It's easy to get caught up following the daily market gyrations but one of the top ranked financial advisors in the country says media hype can sabotage your retirement.
"You have to remember that retirement planning is really about retirement, which is for most of us five, 10, 15, 20 years away—maybe even longer. So we really don't need to be paying too much worry to what's happening at the very moment in the marketplace, we need to maintain a long-term perspective." said Ric Edelman, CEO and founder of Edelman Financial Services, a firm that manages $12 billion for 23,000 clients. Edelman is also a member of CNBC's Digital Financial Advisor Council.
It's not just obsessing about the markets—your own emotions can play havoc with your investment strategy, according to Edelman.