1358: [Part 2] Why We’re Taking On Debt To Move From Good To Great by Fritz Gilbert of The Retirement Manifesto

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Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.5 • 1.3K Ratings

🗓️ 27 November 2020

⏱️ 11 minutes

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Summary

Fritz Gilbert talks about taking on debt for the sake of making things better. This is part 2 of 2. Episode 1358: [Part 2] Why We’re Taking On Debt To Move From Good To Great by Fritz Gilbert of The Retirement Manifesto Fritz Gilbert retired at age 55 after a 33-year career in the global aluminum industry. His award-winning blog, The Retirement Manifesto, is focused on helping people achieve a great retirement. The blog follows his journey from 3 years prior to retirement through his first 2+ years of living in retirement and focuses on both the financial and non-aspects required to live a great life in retirement. Follow him at his blog, TheRetirementManifesto, or on Twitter and Facebook. The original post is located here: https://www.theretirementmanifesto.com/why-were-taking-on-debt-to-move-from-good-to-great/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Interested in advertising on the show? Visit https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1358.
0:04.8	Why We're Taking on Debt to Move From Good to Great Part 2
0:10.0	by Fritz Gilbert of the Retirement Manifesto.com.
0:13.4	And I'm your host and personal finance enthusiast,
0:17.1	Diana Merriam.
0:18.1	This is the show where I read to you from some of the best
0:21.3	personal finance blogs on the planet, with the author's
0:24.1	permission of course.
0:25.9	Thank you for joining me today and every day as we take charge of our financial futures
0:30.9	by educating ourselves on the many facets of money.
0:35.0	If you have a question you want answered here on the show, send one into finance at
0:39.4	OLD Podcast.com.
0:41.5	You might just be featured on a future episode.
0:44.0	Today's post is actually a continuation from yesterday,
0:48.0	so if you're new here, first off, welcome.
0:51.0	And then second, it'd be best to listen to yesterday's episode first.
0:55.0	But if you're all caught up, let's hear part two and continue optimizing your life.
1:00.0	Why we're taking on debt to move from good to great part two by Fritz Gilbert of the
1:10.2	retirement manifesto.com. Reason number four, lifelong cash flow thinking. If you
1:18.5	will listen to my podcast interview on Choose Fai, you know that we're likely going to defer my pension for about two years after my retirement
1:27.0	date. My pension grows at 6% per year if I defer and will remain at that higher level for the rest of my life.
1:35.3	Having the mortgage makes it easier to fund the two-year gap period and grow that pension
	...

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