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The James Altucher Show

475: David Bach - What Do You Need to Retire? (& How to Invest Money That Aligns with Your Values)

The James Altucher Show

James Altucher

Education, Business

4.6 • 2.7K Ratings

🗓️ 30 July 2019

⏱️ 76 minutes

🧾️ Download transcript

Summary

David Bach is the author of "The Latte Factor: Why You Don't Have to Be Rich to Live" and "The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich." He'll teach you about the financial anxieties we create in our head, why they're dead wrong, how to relax, save and get ready for the life you imagine for yourself. I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast. Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts: Apple Podcasts Stitcher iHeart Radio Spotify   Follow me on Social Media: YouTube Twitter Facebook Linkedin Instagram ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This isn't your average business podcast and he's not your average host.

0:06.4

This is the James Altiger Show on the Choose Yourself Network.

0:12.4

Today on the James Altiger Show.

0:15.2

We think everybody's got a better life and it's right on our phone,

0:18.4

whereas it used to be keeping up with the Joneses.

0:21.2

And the first thing I would just tell anyone who's feeling like

0:24.4

everybody else's life is better than yours is it for sure it's not true.

0:29.0

If people knew how much pain everyone was living in,

0:31.8

we would all be nicer to each other.

0:34.2

Because the thing that I've learned having been in the public world now for over two decades is like

0:40.2

because people tell me their life story is probably you too right?

0:43.2

People want a lot of pain.

0:45.2

Yeah, I think the average person is like Zoe or like this picture of a 27 year old

0:50.4

who doesn't know what they want to do in their lives.

0:53.8

And they think they've already failed because they're 27 and they haven't started on

0:58.0

this incredible journey that they think is waiting for them.

1:00.6

But they took the wrong fork and now it's too late.

1:03.0

They think, oh my god, they think it's, I wrote this book,

1:05.4

start late, finish rich to reach people over the age of 50 and who ended up reading it.

1:08.6

Well, 20 something, 25, like 35.

1:11.0

So they think that they're starting late so often we create financial anxieties in our mind

1:16.2

that are not true.

...

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