At some point we’d all like to retire but what that looks like is different for all of us. No one wants to have to downsize their home, lack necessities, or have to work excessive hours in order to build up savings for retirement. Building up savings requires discipline and planning, yet many are unaware of how to do that. Fritz Gilbert, this weeks’ guest, is here to teach life lessons and valuable financial tips to help you build your retirement savings. Tune into this episode of Better Money Decisions with Kate Stalter to learn how you can start compound investing and building your net worth.
Show Highlights:
- Retiring early
- Being unprepared for retirement
- Techniques to prepare for retirement
- Advantages to saving later in life
- Making difficult decisions
- Resisting change
- Reduction in lifestyle
- How to begin planning for retirement early
- Personal retirement stories
- Lifestyle change
- Finding balance
- Keeping up with the Joneses
- Being on the same page financially as your spouse
- Recognizing the logistics of finances
- Automating your savings
- Being consistent
- Finding true contentment
- Developing a steady stream of income
- Making financial decisions based on political views
- Having liquidity and diversifying investments
- Domestic travel
- Mindset to have in retirement
- Knowing how to pivot
Resources Mentioned:
http://Www.theretirementmanifesto.com
Twitter & Facebook: Fritz Gilbert
