Hello Ladies & Gentlemen, Welcome Back to another season of S A U N A I E
On this episode we'll be discussing Advice We'd Give To Our Younger Selves, Retirement Tips, & Helping a Friend Through a Break-Up.
1st Quote: Have the Courage to be who You Are, Not what people expect you to be.
2nd Quote: The answer lies within ourselves. If we can't find happiness there, it's not going to come from the outside.
Segments: Advice I'd Give To My Younger Self, Retirement Tips, & Tips for Supporting A Friend after a Break-Up.
Segment #1: "Advice For My Younger Self"
***What advice would you give to your younger self?*** let us know www.SAUNAIE.com
Segment #2: " Retirement"
- in 2018 almost 30% of private industry workers w/ access to a 401k plan didn't participate
- The average American spends roughly 20 years in retirement.
1. "Start Saving Now & Keep Saving"
- Start small day by day save a % of what you make/earn. Then increase your saving percentage each week or month. The sooner you start saving, the more time your money has to grow. Make saving for retirement a priority. Create a plan that benefits you & your money habits, stick to it & set goals OR create a system.
2. " Know Your Retirement Needs"
- Experts estimate that you'll need 70 to 90% of your Pre-retirement income to maintain your standard of living when you stop working. The key to secure your retirement is to plan ahead.
3. "Contribute To Your Employer's Retirement Plan"
- If your employer offers a retirement plan, sign up and contribute as much as you can. Your taxes will be lower, your employer may contribute more too, and auto-pay helps make this goal easier. Over time compound interest and tax defferals make a HUGE difference in the amount you will accumulate. Find out & research the retirement plan they offer like How much would you need to contribute so that they can match you & How long would you need to stay with the plan to get the money?--- Send in a voice message: https://anchor.fm/saunaie/message Support this podcast: https://anchor.fm/saunaie/support