How To Build Wealth If You’re Already Behind
· 42 min
Episode How To Build Wealth If You’re Already Behind
Behind on retirement savings or starting to invest later in life? Brian and Bo break down how to catch up on retirement in your 40s and 50s, including how much you should have saved by age, retirement savings rates, 401(k) and Roth IRA strategies, catch-up contributions, Social Security, and the power of working longer. You’ll see how increasing your savings rate, reducing high-interest debt and fixed expenses, and growing your income can dramatically change your retirement trajectory. If you feel behind financially, learn the practical steps that can help you build wealth, invest for retirement, and create a realistic financial independence plan.
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Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.
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