01-27-20: By Age Group, How Much Money Have Americans Saved For Retirement?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 28 January 2020
⏱️ 48 minutes
🧾️ Download transcript
Summary
A new survey says most Americans want to retire by 67 and many people fall far short of what they'll need-- so what can they do?
Today's Stocks & Topics: Impact of Coronavirus, Kobe Bryant's Business Empire, COG - Cabot Oil & Gas Corp., Money Creation, Capping Yields, TWTR - Twitter Inc., 401k.
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| 0:00.0 | This podcast is produced by KPP Financial, Steve Peasley President, |
| 0:10.4 | KPP Financial, Independent thinking, shared success. |
| 0:15.0 | And now today's podcast. |
| 0:17.0 | Good afternoon everybody and welcome to invest talk. |
| 0:29.0 | It's our Monday January 27, 2020 edition of Invest Talk and I come to you today with a little bit different of a tone, a little somber tone compared to usual. I think everybody heard the tragic news |
| 0:48.8 | yesterday of the helicopter crash here in Southern California that is tragic for a number of families. |
| 1:00.0 | And we all know there was one member of the helicopter that I think hits home for a lot of other people. |
| 1:12.0 | And I know myself I grew up |
| 1:17.0 | basketball is my love my sport you know played it through high school, a little bit in college, and been playing it ever since, and, you know, it's the sport that I love. |
| 1:28.0 | I've been a Laker season ticket holder for 13 years. I frankly can hardly remember basketball before Kobe. He was, he was six years older than me, but he embodied a spirit that I don't think we really reflected on well enough until the last |
| 2:01.5 | couple days. |
| 2:05.0 | And, you know, here we talk a lot about investing and money and how to become financially |
| 2:12.3 | secure and the name of the show is Invest Talk. |
| 2:17.0 | However, we seldom talk enough I think about what you need to get to the investing stage of your life |
| 2:30.0 | and to make the most of it and to make the most of it you have to invest in yourself, |
| 2:35.0 | number one. And that's what Kobe did. He invested in himself every single day. He believed in himself. He believed in himself. He believed in himself. |
| 2:54.0 | And in doing so not only did he build an incredible life for himself and his family. But he impacted so many throughout the |
| 3:09.6 | NBA, throughout the sports world, just throughout the world in general, to show, you know, what mamba mentality |
| 3:16.3 | was, which was having an insane focus on your goals and your dreams and working every day to achieve it and seeing every |
| 3:30.6 | day as an opportunity to take that next step. |
| 3:35.0 | You know, we talk here and Invest Talk about how we want to help you make or take that next step in your financial freedom journey, right? |
| 3:48.0 | But that doesn't happen unless you've taken your own steps in your own career, in your |
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