How Much You Should Have Saved by 50 – Episode 218

In a recent CNBC article they talk about how much you should have saved by age 50. Together Kim and Todd talk about this article and go through the principles of savings.

Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at welcome@ProsperityThinkers.com and we may answer it in an upcoming episode.

 

Links and Resources from this Episode

Special Listener Gift


Show Notes

  • 1:21 The medium working age family had $5,000 in savings
  • 1:46 If you’re going to retire by age 67 you need a minimum of 6X your salary by age 50
  • 3:03 What are you going to live on when you get close to retirement age?
  • 4:17 The assumption is that your expenses are lower at age 67, but is that correct?
  • 7:01 If you’re 50 you need to be thinking about cashflow living an active lifestyle
  • 7:49 Self worth is so much more important than net worth
  • 9:20 Why even try?


Review, Subscribe and Share

If you like what you hear please leave a review by clicking here

Subscribe on your favorite podcast player to get the latest episodes.

 

Share this post

Facebook
Twitter
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!

20% discount on Perpetual Wealth resourcesCode: PERPETUALWEALTH

Deal ends midnight Oct. 5 midnight!

How much permanent benefit high cash/value dividend paying whole life am I entitled to?

Get access to our free webinar today

Discover Financial Secrets used by the 1%