How to Go From Broke at 50 to Retired at 60! скачать в хорошем качестве

How to Go From Broke at 50 to Retired at 60!

Episode #668 ~~~ Episode Show Notes: https://www.biggerpocketsmoney.com ~~~ Connect with Bill Yount and Jackie Cummings Koski: Instagram:   / finomenal_woman   Website: https://catchinguptofi.com/about/ ~~~ Want to Use the DIY Financial Plan: https://docs.google.com/spreadsheets/... ~~~ Connect with Scott and Mindy: Scott:   / scott_trench   Mindy:   / _mindyatbp   ~~~ Follow BiggerPockets Money on Social: Facebook:   / bpmoney   Instagram:   / biggerpocketsmoney   ~~~ BiggerPocket Episodes to Listen to for Catching up Later in Life Content: 130, 152, 194, 333, 345, 446, 459, 484, 537, 538 ~~~ Are you worried you won't be able to retire at sixty-five? Feeling financially limited in your fifties and need a retirement plan so you can finally stop working? Well, we made this episode of the BiggerPockets Money podcast just for you. Today, Mindy and Scott are joined by experts Jackie Cummings Koski and Bill Yount from Catching Up to FI to teach you how to retire on time at age sixty-five (or even retire early!) if you're starting from zero with no money to your name. We spell out exactly what we would do to go from a zero-dollar net worth to a million dollars in retirement! This is a step-by-step plan that anyone who wants to retire on time can follow, focusing specifically on Barb - a recently divorced stay-at-home mom reentering the workforce with a zero-dollar net worth. Her situation represents millions of people who find themselves starting over financially in their fifties, whether due to divorce, job loss, or simply never having started saving for retirement. Don't give up on retirement! No matter your age, these simple steps can help get you to a financially stable (if not flourishing) position. We will walk you through how to make more money, cut expenses, save every month, which investments you should prioritize for retirement, and what to do if you're still in debt. Barb's journey from zero to retirement-ready shows that it's never too late to take control of your financial future. 00:00 Introduction: Overcoming Financial Challenges at 50 05:44 Understanding the Emotional and Financial Starting Point 12:33 Setting Clear Financial Goals 14:33 Tracking and Measuring Finances 18:29 The Math Behind Early Retirement 20:03 Building the First $25,000 25:34 Side Hustles and Income Strategies 31:54 Downsizing and Financial Adjustments 39:02 House Hacking Strategy 50:17 Investment Strategies for Late Starters 01:04:11 Connect with Jackie & Bill