52 min listen
58. “If we want to retire, we’d have to live on $36k”
58. “If we want to retire, we’d have to live on $36k”
ratings:
Length:
59 minutes
Released:
Aug 30, 2022
Format:
Podcast episode
Description
This week’s conversation brings a slightly different perspective to the table. Michelle and Eric are in their fifties and are terrified that they’ve waited too long to invest for retirement. They’ve bickered about money for twenty-five years, narrowing their window of opportunity and adding a ton of personal baggage into the equation.
Usually, part of the solution for most people is long-term investing. But with Michelle and Eric, time is not on their side. To complicate things, Michelle is defensive and triggered by even talking about money. She prefers to keep things focused on the math… but it’s much deeper than that.
What would you do to overcome the very real hopelessness that many people of their age experience? Let’s see what happens.
Connect with Ramit
https://www.iwillteachyoutoberich.com/podcast/ (Website)
https://www.instagram.com/ramit/ (Instagram)
https://twitter.com/ramit (Twitter)
https://www.facebook.com/ramitsethi (Facebook)
https://www.youtube.com/user/ramitsethi/featured (YouTube)
https://www.linkedin.com/in/ramitsethi/ (Linkedin)
If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help https://forms.gle/pjYMaLeThJM3z9uN6 (here).
Produced by http://crate.media/ (Crate Media).
Mentioned in this episode:
Automate Your Money
If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it.
https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Usually, part of the solution for most people is long-term investing. But with Michelle and Eric, time is not on their side. To complicate things, Michelle is defensive and triggered by even talking about money. She prefers to keep things focused on the math… but it’s much deeper than that.
What would you do to overcome the very real hopelessness that many people of their age experience? Let’s see what happens.
Connect with Ramit
https://www.iwillteachyoutoberich.com/podcast/ (Website)
https://www.instagram.com/ramit/ (Instagram)
https://twitter.com/ramit (Twitter)
https://www.facebook.com/ramitsethi (Facebook)
https://www.youtube.com/user/ramitsethi/featured (YouTube)
https://www.linkedin.com/in/ramitsethi/ (Linkedin)
If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help https://forms.gle/pjYMaLeThJM3z9uN6 (here).
Produced by http://crate.media/ (Crate Media).
Mentioned in this episode:
Automate Your Money
If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it.
https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Released:
Aug 30, 2022
Format:
Podcast episode
Titles in the series (100)
12. "My husband won't talk about money with me" by I Will Teach You To Be Rich