DiscoverOptimal Finance Daily - Financial Independence & Money Advice2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing
2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing

2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing

Update: 2024-10-24
Share

Description

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 2911:

William Cowie explains how, even starting at 40, you can build a secure retirement by working harder and considering less passive investments like real estate. His advice includes serious budgeting, debt elimination, and potentially taking on a second job to catch up. While it won't be easy, Cowie emphasizes that there is always hope and a path to financial independence, no matter when you begin.

Read along with the original article(s) here: https://www.getrichslowly.org/starting-to-save-for-retirement-at-40/

Quotes to ponder:

"It’s never too late to start, but the later you begin, the harder the work."

"Life isn’t always kind nor is it predictable but we don’t have to make it harder for someone else."

"If you’re getting a late start, you’re likely going to need to make a dramatic change to catch up."

Episode references:

Catching Up to FI: https://www.catchinguptofi.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

Comments 
loading
In Channel
loading
00:00
00:00
1.0x

0.5x

0.8x

1.0x

1.25x

1.5x

2.0x

3.0x

Sleep Timer

Off

End of Episode

5 Minutes

10 Minutes

15 Minutes

30 Minutes

45 Minutes

60 Minutes

120 Minutes

2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing

2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing

Optimal Living Daily | Diania Merriam