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Optimal Finance Daily - Financial Independence and Money Advice

947: The 3 Unknowns that Dominate Your Retirement Calculation by Darrow Kirkpatrick of Can I Retire Yet on Finances

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.5 • 1.3K Ratings

🗓️ 13 October 2019

⏱️ 10 minutes

🧾️ Download transcript

Summary

Darrow Kirkpatrick of Can I Retire Yet shares the 3 unknowns that dominate your retirement calculation. Episode 947: The 3 Unknowns that Dominate Your Retirement Calculation by Darrow Kirkpatrick of Can I Retire Yet on Finances Darrow Kirkpatrick is the founder of CanIRetireYet.com. He began serious investing in his mid-30s and retired at age 50. He's not a dot com millionaire and didn't become financially independent by flipping real estate or trading hot stocks. He did it the traditional way: hard work, frugality, prudent investing, and patience. When it comes to personal finance, his top priorities are simplicity, reliability, and safety. Now his mission is to help others become financially independent as he did. More recently, Chris Mamula has been managing the blog and he's a frequent writer on the site. Chris used principles of traditional retirement planning, combined with creative lifestyle design, to retire from a career as a physical therapist at age 41. After poor experiences with the financial industry early in his professional life, he educated himself on investing and tax planning. Now he draws on his experience to write about wealth building, DIY investing, financial planning, early retirement, and lifestyle design. The original post is located here: https://www.caniretireyet.com/the-3-unknowns-that-dominate-your-retirement-calculation/Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! and Join the Ol' Family to get your Free Gifts Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.3

Heather from the Accountant's Growth Club was,

0:05.3

knowing what cash I have is really important and Monzo Business makes it easy.

0:09.8

It automatically puts 20% of my income into a tax pot.

0:14.0

When it's time to pay your VAT, I always know the money's there.

0:17.0

If you're ready for a Monzo business account, apply today.

0:20.0

Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:25.0

Get tax pots with Monzo Business Pro for ÂŁ5 a month.

0:28.1

Tees and sees apply.

0:29.5

This episode is brought to you by Krakhan.

0:33.0

Krypto is like finance, but different.

0:36.0

It doesn't care when you invest, trade or save,

0:40.0

do it on weekends, or at 5 a.m.

0:42.0

Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m.

0:45.2

crypto is financed for everyone everywhere all the time.

0:49.4

Visit crackin.com slash see what crypto can be to learn more.

0:53.0

Don't invest unless you're prepared to lose all the money you invest.

0:56.0

This is a high-risk investment and you should not expect to be protected if something goes wrong.

1:00.0

This is Optimal Finance Daily, episode 947, the three unknowns that dominate your retirement

1:07.3

calculation by Derek Patrick of Can I Retire Yet.com. And I'm your host and narrator of the show.

1:14.0

My name is Dan and welcome to our very first Sunday edition of optimal finance daily

1:19.0

as we've added weekends into the mix here.

...

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