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Optimal Finance Daily - Financial Independence and Money Advice

1629: Can You Really Save More Tomorrow by Scott Spann of Financial Finesse on Planning For Retirement

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 25 August 2021

⏱️ 10 minutes

🧾️ Download transcript

Summary

Scott Spann with Financial Finesse talks about the reality of retirement planning Episode 1629: Can You Really Save More Tomorrow by Scott Spann of Financial Finesse on Planning For Retirement After years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their best interest. She decided there had to be a better way to provide people from all walks of life with truly unbiased financial guidance--designed to line their pockets, not their financial advisor’s. This is the story of Financial Finesse and how they give employees and employers unbiased financial wellness as an employee benefit. They help your employees maximize their compensation and benefits by making better financial decisions. You become a partner in their financial security and reap the benefits of a financially healthy workforce. They’ve helped hundreds of thousands of employees change their lives. The original post is located here: https://www.financialfinesse.com/2015/01/26/can-you-really-save-more-tomorrow/ Gusto offers modern, easy payroll and benefits to small businesses across the country. Get in touch now and get three months free when you run your first payroll. Just go to gusto.com/ofd. Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? 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 1629.

0:03.7

Can you really save more tomorrow by Scott Span of FinancialFinesse.com.

0:08.9

And I'm your host and personal finance enthusiast, Diana Mariam.

0:12.8

This is the show where I narrate posts from a wide variety of personal finance blogs.

0:17.3

We cover so much on this show from saving to investing to debt reduction and more.

0:21.7

So thank you for joining me today and every day.

0:25.0

This show is actually one of many shows in our network,

0:27.8

covering different topics like personal development, health, and relationships.

0:31.7

So if you like narration style podcasts, be sure to search for Optimal Living Daily,

0:36.7

wherever you're hearing this and check out our other shows.

0:39.7

But for now, let's get right to it and continue optimizing your life.

0:47.6

Can you really save more tomorrow by Scott Span of FinancialFinesse.com.

0:54.0

We hear a lot in the news about concerns that Americans aren't saving enough

0:57.6

for retirement. It's not surprising for news to lead to an increased concentration

1:02.4

on saving for the future. On average, retirement planning may be the top financial

1:07.6

planning priority, but that doesn't necessarily mean that everyone shares the sense of urgency.

1:12.8

The 2013 FinancialFinesse generational research study highlighted the fact that employees

1:18.2

in the under 30 age group were the only group that didn't select retirement as their top

1:23.3

financial planning category. Instead, they ranked managing their cash flow at 78% and getting

1:29.3

out of debt at 59% as their top two financial priorities. This makes sense to me.

1:34.8

Financial priorities and vulnerabilities are expected to vary with age.

1:39.2

Some of these differences are a result of particular life stages where others may simply be

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