Checking Our Balances
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 23 June 2021
⏱️ 15 minutes
🧾️ Download transcript
Summary
Why is retirement income scarier than usual? How is starting your own business a bit like planning for retirement? Ross Anderson, CFP and co-founder of Craft Work Capital, answers those questions and shares why selling his car last year may have been a mistake.
For more insights from Ross Anderson and his co-host Dan Messeca, give a listen to their podcast “Check Your Balances”.
https://podcasts.apple.com/us/podcast/check-your-balances/id1551991071
Transcript
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| 0:00.0 | It's Wednesday, June 23rd, welcome to Marketfuller, I'm Chris Hill, rounding out the week. |
| 0:09.4 | Ross Anderson, Certified Financial Planner, co-founder of Kraftwerk Capital. |
| 0:13.6 | He is also the co-host of the weekly podcast, Check Your Balances, and he joins me now from |
| 0:19.0 | his home in Northern Virginia. |
| 0:20.5 | Good to see you, my friend. |
| 0:21.8 | Great to see you, Chris. |
| 0:22.8 | Good to be back on the show. |
| 0:23.8 | It's been a little while. |
| 0:24.8 | It has been a little while. |
| 0:27.3 | And why don't we start there? |
| 0:28.3 | This was something you had mentioned to me, which made me do a little bit of a double |
| 0:33.8 | take, because you worked at the Motley Fool for about six years, it went off to start your |
| 0:41.2 | own business, and you made the comment that leaving a company is kind of like retirement. |
| 0:47.3 | It is. |
| 0:48.3 | It is. |
| 0:49.3 | It is for me, please. |
| 0:50.3 | Well, particularly in the version that we did, because a couple of things happened. |
| 0:54.6 | If you go from one job to another, I think you kind of, and not to say that you would |
| 1:00.1 | completely leave your old community, but you kind of swap your old community for a new |
| 1:04.4 | one, right? |
| 1:05.4 | And you go from these people that you used to spend every day with to a new set of people |
| 1:08.2 | that you spend every day with and work with, and your income might not change. |
... |
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