In Episode 136 I talked about how important it is to start planning and investing for your financial future as soon as possible, preferably in your 20s. In the last episode, Episode 144, I talked with Joe Okaly on the challenges families in their 20s and 30s face in achieving financial freedom. Certainly, the earlier you start, the better.
But is it ever too late? What if you are in your late 30s or in your 40s? Is there still a way to invest and plan for financial freedom in retirement? So in this episode of the podcast I wanted to answer those questions and provide some ideas on how late starters can still live comfortably in retirement.
In this episode you will learn:
In Episode 136 I talked about how important it is to start planning and investing for your financial future as soon as possible, preferably in your 20s. Even if you can’t put aside that much initially, that money has the maximum growth potential between now and retirement.
But young families face some unique challenges that can make it difficult to “pay yourself first” (and not all the bills that fall due every month). That’s why in this episode of the podcast I talk to Joe Oakley, a Certified Financial Planner with a young family to talk about how it can be done!
In this episode you will learn: