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Are You On Track to Become a Millionaire?

Are You On Track to Become a Millionaire?

Update: 2024-09-13
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Find out where you stand financially and if you're on track to become a millionaire.

 

Financial experts Meagan McGuire and Sim Terwilliger explain how to evaluate savings strategies, balance debt with investments, and avoid overspending. You’ll also learn how understanding opportunity costs can help shape smarter financial decisions.

 

In today’s episode:

 

06:16 Calculate your current standard of living to estimate retirement expenses

16:03 Front-load retirement savings early in your career 

21:45 Compare interest rates to prioritize debt repayment or investing

32:36 Use Investor.gov’s calculator to see where you’re at on your savings journey

 

Link mentioned:

 

 

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Feeling helpless when it comes to your student loans?

 

Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

 

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Are You On Track to Become a Millionaire?

Are You On Track to Become a Millionaire?