10.06.25 Calculating Retirement / Housing Innovations

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 6 October 2025

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s show - a recent Tik Tok video claimed to show young people how to set themselves up to have $4 million at retirement - with some help from their parents in early adulthood. But how can you actually tell how much you’re going to have in retirement? We have a new tool that can help. Also today - There ARE answers to the housing shortage. The technology is there. Clark has always been interested in innovative ways to modernize the way we build housing in the U.S. and shares some promising developments. Calculated Retirement Saving: Segment 1 Ask Clark: Segment 2 Innovative Affordable Housing: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Investment Growth Calculator - Clark.com How To Retire a Millionaire With a 401(k) Plan in 19 Years How To Use an IRA To Become a Millionaire / How To Open a Roth IRA 5 Vacation Scams To Avoid This Travel Season Why Clark Says Everyone Should Have a Dash Cam This Brooklyn apartment complex was built like a Lego set Why Clark Says Prefabricated Housing Is The Future These former Amazon robotics executives just landed $20 million to tackle the housing crisis ⁠/ ⁠Axios:Sweaty paint⁠ To spur construction of affordable, resilient homes, the future is concrete Target Date Funds: Clark's Favorite Retirement Investment Invest & Retire / Fidelity Investments Review: Pros & Cons Best 529 College Savings Plans By State Clark.com resources: Episode transcripts Community.Clark.com / Ask Clark Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's great to have you here on the Clark Howard Show.
0:07.4	You know, our mission is to serve you with advice and information that empowers you
0:11.9	so you make better financial decisions in your life.
0:16.1	Today's show, a recent TikTok video claimed to show how teenagers could set themselves up to have $4 million
0:26.4	in retirement with a little help from their parents in their early 20s, late teens, early
0:35.4	20s.
0:36.0	But how can you actually tell if that's really something you
0:42.1	should be focusing on? How do you get to where you have enough money save for retirement?
0:48.3	We have a new tool that can help. Also today, something I've always been obsessed with I mean this isn't always is modernizing the way we
1:01.9	build houses in the United States and there are some very exciting developments I want to share with you
1:09.5	I think this extreme housing shortage in the United States,
1:13.5	we just need to be smarter and get us to where we can build houses quicker, better, and more
1:22.9	affordably. The technologies, they are already. Talk about that later.
1:29.9	Okay.
1:31.3	So TikTok video, sometimes they just catch fire.
1:38.5	And I love that this one did.
1:41.0	It's done by a young real estate investor who ran the numbers, did some assumptions,
1:48.4	and came up with this thing on this video that you can have $4 million if you start doing certain
1:59.4	things as a teenager. what are those things?
2:03.2	Well, you work part-time while you're in high school.
2:07.7	You save the money you make working part-time, and I'm really abbreviating what the video is.
2:13.8	And then don't go to college, get a job, stay under your parents' roof, and save $25,000 a year being subsidized by your parents, by living in their house, eating their food, and get to where you put enough money aside that that money compounded over
	...

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