194: Finance Friday: Will I Still Be Able to Hit Retirement At 60?

194: Finance Friday: Will I Still Be Able to Hit Retirement At 60?

It’s a common concern among many Americans on whether or not they can retire on a timeline they feel comfortable with. In this episode, we talk to Deb, who’s having some of those same concerns. She has over $100,000 in assets (not including the house) and wants to be sure that she can provide a great life for her children all while saving more and more for retirement. Deb has read so many money and financial independence forums about mid twenty year olds with six-figure incomes and five-figure savings per month. Many people read about these stories and feel like they can’t compare, but if you’re in Deb’s situation, you’re already doing well with retirement savings! It can be dangerous to compare your journey to others who’s backstory you don’t know. That’s why we encourage everyone to save, invest, and spend at a rate that works for their goals! In This Episode We Cover Finding side-income sources and business that will help you with retirement savings Keeping an expense tracker and budget so you know exactly what you’re spending Having a sizeable emergency fund so you’re never in a bad position Giving every dollar a purpose in your budget Setting up your children with Roth IRAs so they can start investing sooner And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Can He Retire in 10 Years? (We Ran the Numbers)

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How Tiffany Aliche Went from Rock Bottom to Millionaire

How Tiffany Aliche Went from Rock Bottom to Millionaire

From $500 a month to a $10M+ net worth, Tiffany Aliche shares how she rebuilt her life after $300K in debt—and the 10 pillars of “financial wholeness” that helped her do it. This episode of the Bigger...

31 Maalis 57min

The Hidden Systems Great CEOs Use Every Day

The Hidden Systems Great CEOs Use Every Day

What does it actually take to think like a CEO? In this episode, Scott Trench breaks down the essential “CEO toolkit”—from strategic thinking and financial fluency to culture, decision-making, and cri...

27 Maalis 55min

How Middle-Class Families Can Retire On Time Without Burning Out

How Middle-Class Families Can Retire On Time Without Burning Out

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24 Maalis 42min

Why the Last 3 Years Before Early Retirement Matter Most

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If you’re within three years of early retirement, your success depends on more than just your net worth. In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit dow...

20 Maalis 1h 1min

The 13 Biggest Financial Independence Mistakes (That Delay FIRE by Years)

The 13 Biggest Financial Independence Mistakes (That Delay FIRE by Years)

What are the biggest mistakes people make on the road to financial independence? In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench break down the 13 biggest FIRE ...

17 Maalis 37min

How He’ll Hit $500K by 30 (Coast FI Plan)

How He’ll Hit $500K by 30 (Coast FI Plan)

In this episode of the BiggerPockets Money Podcast, hosts Mindy Jensen and Scott Trench sit down with Evan Lawler, a full-time engineer and content creator, to break down his plan to reach Coast FIRE ...

13 Maalis 42min

The Middle Class Trap: Why $750,000 Doesn't Feel Like Enough (Financial Plan)

The Middle Class Trap: Why $750,000 Doesn't Feel Like Enough (Financial Plan)

Are you a high earner in your 30s or 40s with a growing net worth — but somehow still feel financially stuck? You might be caught in the "boring middle" — a phase where your wealth is locked in home e...

10 Maalis 1h

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