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Episode 116: Wiseman, Foolish Man, Retirement Rocks Part 1
Are you building your house upon the rock?
In other words, are you building your house on a strong foundation?
If not, I’m teaching you how to do so in this episode.
I recently did a series on what to do with your money when you’re 22, 42, and 62. It was all about the next steps you need to be taking to get your finances in order and prepare for the future at each of those ages.
Today, I want to focus on retirement planning. I’m giving you the basics and fundamentals of preparing financially for retirement.
You don’t want to be caught as a foolish man when you’re entering retirement. The foolish man is the one who builds his house on sand. He is reactive, not proactive.
On the flip side, the wise man is the one who builds his house on the rock, who is proactive and prepared, and whose foundation is unshakable.
Whether you’re 22, 42, or 62, there are steps you can (and should) take today to get ready for retirement. Tune in to learn what they are.
In this episode, you will hear:
- The importance of planning.
- Why you need to look at the longevity of your money.
- How to figure out how long your money will last.
- How to survive market volatility.
- How to create a plan for your retirement income.
- Why you need to fire the IRS and how to do it.
- Three mistakes to avoid in retirement planning.
- Why you should take out a home equity line of credit.
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Until we meet again,
I hope you live life rich!
Marissa Nehlsen
