Ask Paula: I’m 33 and Want to Retire at 45 – What Should I Do?

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 29 March 2022

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

#372: Eve has been investing in her brokerage account and the tax liabilities are starting to add up. She wants to retire in 12 years and is wondering if she should invest in after-tax contributions and plan on a Roth conversion. Anonymous has rental properties and wants to start building his kids credit histories. Is it a good idea to add them as co-borrowers on the mortgage? Lily is really excited about investing in real estate, but househacking wasn’t the right fit. She’s looking for advice on investing in opportunity zones through crowdfunding platforms. In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough situations. Enjoy! Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it at https://affordanything.com/voicemail and we’ll answer them in a future episode. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	You can afford anything but not everything.
0:11.0	Every choice that you make carries a trade-off and that doesn't just apply to your money.
0:15.2	That applies to your time, your energy, your focus, your attention to any limited resource
0:20.2	that you need to manage.
0:21.9	And that opens up two questions.
0:24.0	First, what matters most?
0:26.4	Do you prioritize above all other options?
0:30.4	And second, how do you align your decision-making to reflect that?
0:34.9	How do you bridge the behavior gap?
0:37.2	Answering these two questions is a lifetime practice and that's what this podcast is here
0:40.6	to explore.
0:42.0	My name is Paula Pant.
0:43.0	I am the host of the Affordable Care Foundation.
0:45.0	Every other episode, we answer questions that come from you, the community.
0:49.0	And my buddy, Joe Salcihi, is joining me today from a hotel room while he's on Booktour
0:54.9	to answer these questions.
0:56.2	What's up, Joe?
0:57.2	That's how committed I am, Paula, to the Affordable Care Foundation.
1:00.1	Yeah.
1:01.1	You and I are both a little sleep deprived right now.
1:03.9	You in particular, like living out of a suitcase.
1:06.8	Don't know what state you're in, other than the state of confusion.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Paula Pant | Cumulus Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Paula Pant | Cumulus Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.