3.8 • 1.6K Ratings
🗓️ 20 September 2023
⏱️ 14 minutes
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0:00.0 | When you can't quite get the angle, take hands-free selfies with the Samsung Galaxy Z Flip 5, |
0:05.2 | stand it up, step back, and your photos are also synced to your Chromebook, ready to edit. |
0:10.8 | The new Samsung Galaxy Z Flip 5 and Chromebook, available on Vodafone. |
0:16.7 | For decades, we work, work, work, hoping to make enough money to live comfortably, pay the |
0:23.6 | bills, and save up for the day when we can finally clock out. But saving money for your big life |
0:29.2 | plans is far from straightforward, especially for anyone working past age 65. |
0:35.8 | I mean, I've had it on my mind since I started putting money away. The year was 1994. |
0:42.6 | Ace of Base with number one on the charts. The Lion King took the movie box office by storm. |
0:51.3 | And everyone was wondering if Ross and Rachel would end up together on-friend. |
0:59.9 | I just landed my first full-time job in corporate America. I was making $27,000 a year. Pretty |
1:07.2 | decent money for a 20-something back then. And that's when I started putting some of it away for |
1:11.8 | retirement. I was fortunate enough to put aside 6% of every paycheck, and the company matched |
1:17.7 | two-thirds of that. In all, I'm on a path toward a 40-year career. And if you're doing some |
1:23.2 | quick mental math right now and thinking, yeah, 40 years sounds about right. Good luck. |
1:29.8 | Because today we're talking about how to prepare financially for the very real possibility |
1:34.7 | that today's young workers will be working and saving for 20 more years than that. |
1:40.3 | So much depends on things that are hard to predict. How long are you going to live and where are |
1:46.6 | you going to live? From a financial perspective, think about that saving and having the |
1:52.6 | compounding work for you so that it lasts in your longer years. |
1:57.6 | This is a special edition of your money briefing for Wednesday, September 20th. I'm J.R. |
2:02.4 | Whalen for the Wall Street Journal. Welcome to the second installment in our special series |
2:08.9 | on the 60-year career. Last week, we discussed how a longer life expectancy and changing ideas |
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