54 min listen
Ask Paula: If I Retire at 50, How Do I Bridge the Gap?
FromAfford Anything
ratings:
Length:
74 minutes
Released:
Jun 18, 2021
Format:
Podcast episode
Description
#322: Jess wants to reach financial independence by the time she’s 50. But she’s worried that she doesn’t have enough money in cash or taxable brokerage accounts to bridge the gap in her first few years of retirement. What moves should she make, if any? Yisell wants to invest money now. Should she cash out her $70,000 pension in hopes to generate more than the $1,000 per month she’s guaranteed from it? Abbey is 22 and she would like to go back to graduate school for nurse anesthesia. Should she save up and pay for it in cash, or invest her money and take out federal loans? Eliana enjoyed our interview with Paul Merriman on the two-fund portfolio. She’s curious about what growth stocks and value stocks are, and how they fit into a passive index fund investing strategy. Finally, Sneezy wants to know: why aren’t stocks a good hedge against inflation? My friend and former financial planner, Joe Saul-Sehy, joins me to answer these questions on today’s episode. Enjoy! For more information, visit the show notes at https://affordanything.com/episode322
Released:
Jun 18, 2021
Format:
Podcast episode
Titles in the series (100)
Don’t Feel Guilty - Buy a Coke Zero and Pay Someone to Mow Your Lawn: #2: Once again, Paula and J. Money see things differently. J. Money preaches budgeting, Paula practices the “anti-budget”. J. Money examines every expense to find savings. A couple years ago he switched phone providers and saves $100 a month, $20... by Afford Anything