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Financial Feminist

90. How Much Do I Need to Retire?

Financial Feminist

Her First $100K

Self-improvement, Education, How To, Business

4.76.2K Ratings

🗓️ 25 May 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

How much do I need to retire? How are a few hundred dollars a month going to turn into millions? What happens if the stock market crashes between now and then?! We’ve heard it all –– and it’s not your fault for not knowing. The finance industry bros have kept this information from you and made investing seem like one of the most difficult things you can do. Fortunately, your favorite host, Tori Dunlap, is sharing her basics of investing to help you get over fear and just start. In this episode, Tori breaks down how to calculate WHAT you need to save for retirement and HOW it will grow. Going through principles like the rule of 72 and dollar cost averaging, you’ll feel more confident to finally say, “Yeah, I AM saving for retirement!” TAKE THE FREE WORKSHOP: https://event.webinarjam.com/register/38/2z7qktm4 Read transcripts, learn more about our guests and sponsors, and get more resources at https://herfirst100k.com/start-here-financial-feminist-podcast Not sure where to start on your financial journey? Take our FREE money personality quiz! https://herfirst100k.com/quiz Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I would dream first home, probably a doer-upper, put a ron stamp on it.

0:03.3

Sounds like a nightmare, which is why I keep saying we should look at new builds.

0:06.5

But they're all so watertight, asshole-free.

0:08.4

Boring, just white boxes.

0:10.2

Well, we can decorate an old liquor painted in there.

0:12.4

Hmm.

0:13.4

Like a nice shade of grey.

0:15.2

We are not having grey walls.

0:16.9

Why not?

0:17.5

Why not?

0:18.5

Whatever stage of the process you're at,

0:20.1

Halifax's online first-time buyer events are full of useful tips and guidance.

0:24.9

Halifax, it's a people thing.

0:26.8

For more information, search Halifax first-time buyer events.

0:30.5

Hi, my name's Roxanna.

0:46.9

Welcome back to the show.

0:48.5

I'm so excited to see you as always.

0:50.2

This should come out in summer.

0:52.3

So I hope you're enjoying the summer weather.

0:54.4

I am in Seattle where it's constantly testing.

0:59.7

Like is this summer yet?

1:01.2

Like we get a little taste of it and we're like, hmm, this tastes good.

...

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