Habits to Steal from the Wealthy | Retirement Talk Ep 25 – LaTour Asset Management скачать в хорошем качестве

Habits to Steal from the Wealthy | Retirement Talk Ep 25 – LaTour Asset Management

What habits separate financially successful people from everyone else? In this episode of Retirement Talk, Jim Margraf and Josh LaTour share practical habits you can “steal” from the wealthy to help build, grow, and protect your retirement savings. From prioritizing savings and avoiding high-interest debt to spending intentionally and keeping your money working for you, the guys break down the real behaviors that help everyday people become financially secure over time. These aren’t lottery-ticket strategies — they’re consistent habits practiced by the “millionaire next door.” In this episode, you’ll learn: • Why consistent saving is the foundation of long-term wealth • How automation can help remove the need for willpower • Why keeping money working (not sitting idle) matters • The importance of spending intentionally and maintaining a plan • How high-interest debt can derail retirement progress • Why many wealthy individuals live modestly despite significant wealth • How purpose and planning play an important role in retirement • Why successful investors typically work with a trusted financial professional Timestamps: 00:01 – Welcome to Retirement Talk and birthday celebrations 02:30 – Recent advisor training and continuing education 04:44 – Introduction: “Habits to Steal from the Wealthy” 05:20 – Wealth is built through consistent behaviors 07:12 – Why inheritances and lottery winnings often disappear 08:49 – Habit #1: Prioritize saving first 10:06 – Automating savings to remove willpower 11:17 – Keeping money working instead of sitting idle 12:21 – Balancing savings, investing, and risk 13:25 – Warren Buffett wisdom during market volatility 15:03 – Spend intentionally as income grows 15:32 – Budgeting and tracking spending 16:16 – Eliminating high-interest debt 17:22 – Using credit cards as financial tools 18:01 – When life happens: recovering from unexpected expenses 19:26 – Building an emergency fund 20:02 – Why planning is essential for retirement success 21:29 – The “Millionaire Next Door” mindset 23:24 – Saving habits that make spending difficult in retirement 24:31 – Creating experiences with family during retirement 25:22 – Front-loading retirement spending while healthy 25:57 – Retiring with purpose and intention 27:29 – Why wealthy people work with financial professionals 28:05 – How to contact LaTour Asset Management 📞 Have questions? Need advice? Contact us to set up a consultation today! 👉 Call us at 417-614-5402 👉 Visit us at https://latourasset.com Don't forget to subscribe to our YouTube channel for more financial tips and insights! Let us know your thoughts on the topics discussed or give us any feedback to make the future episodes better! #FinancialPlanning #RetirementPlanning #WealthManagement #EstatePlanning #LegacyPlanning #FinancialAdvice #FinancialEducation #MoneyManagement #InvestmentStrategies #Trusts #Wills #Probate #FinancialAdvisor #Retirement #Taxes #Inheritance #IRA #LifeInsurance #FamilyLegacy #FinancialSecurity #FuturePlanning #retirement #retirementplanning #TaxPlanning #TaxCutsAndJobsAct #JimMargraf #JoshLaTour #Springfield #Missouri Investment Advisory Services offered through LaTour Asset Management, LLC, an investment advisor in the states of Missouri, Arkansas, Texas, and Alaska, and may only transact business with residents of those states, or residents of other states where otherwise legally permitted subject to exemption or exclusion from registration requirements. Insurance products and services offered through LaTour Advisory Group Inc. LaTour Asset Management, LLC and LaTour Advisory Group Inc. are affiliated companies. LaTour Asset Management, Joe LaTour, Jim Margraf, and Josh LaTour are not affiliated with or endorsed by the Social Security Administration or any government agency. This content is for informational purposes only and should not be considered legal, tax, or investment advice. Investing involves risk, including possible loss of principal. Always consult a qualified advisor before making financial decisions.