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The Meaningful Money Personal Finance Podcast

MMP123: How much money do I need to retire? With Todd Tresidder

The Meaningful Money Personal Finance Podcast

Pete Matthew

Education, Business, Investing

4.91.7K Ratings

🗓️ 19 August 2015

⏱️ 49 minutes

🧾️ Download transcript

Summary

Planning a retirement can seem like trying to pin a tail on a moving donkey. Blindfolded. Without a donkey. It’s a weird moving target that may seem a long way off in the future. Plus, how much money do I need to retire? This week I talk to Todd Tresidder, founder of FinancialMentor.com and author of several personal finance books who himself retired at age 35 - seriously - and has clear ideas about how anyone can make their retirement dreams possible.

Transcript

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0:00.0

Hi folks and welcome to the Meaningful Money podcast session number one, two, three.

0:04.5

This is the podcast dedicated to helping you put your finances in order.

0:20.6

Now my name is Pete Matthew and I'm going to share with you everything you need to know and put your finances in order. Now, my name is Pete Matthew, and I'm going to

0:22.2

share with you everything you need to know and everything you need to do to secure your financial

0:26.6

future. I'm here to help you make sense of money. Yes, yes, hello and welcome. Welcome back to meaningful money. Hope you're all doing okay.

0:43.0

Planning a retirement can seem like trying to pin a tail on a moving donkey, blindfolded,

0:50.8

and without a donkey, right? It's a weird kind of moving target thing, which seems so long

0:57.0

off in the future, even if you're in your 50s. Don't lie to me now. It still seems like a long way

1:02.0

off, right? Or at least you hope it is. But, you know, how much do you even need to retire? What does it

1:07.6

even mean to retire, for goodness sake? Well, this week, I'm excited to talk to

1:11.6

Todd Tresida, who is founder of Financial Mentor.com, and he is the author of several personal

1:17.5

finance books, and he himself retired at age 35. Seriously. Unusual circumstances in his case,

1:25.1

but the principles that he learned, he teaches on

1:28.5

Financial Mentor.com, he's obviously got clear ideas about how anyone can make their retirement

1:33.6

dreams possible. So stay tuned for that. It's a great interview with Todd. Now, I just

1:39.2

double check us. I'm not sure if we've got, yes, we have. We've got a couple of reviews.

1:42.8

I'm batting a whole load of episodes before I go away on holiday. So some weeks there isn't any reviews, but there is

1:49.2

this week. So I'll read those out at the end. I'll talk about what we're going to be discussing

1:53.4

next week too. But first, as ever, remember, this podcast is brought to you with the help of my

1:58.4

good friends at 7 investment management.

2:04.9

They're a firm of investment managers based up in London, and they specialize particularly in multi-asset investing, which brings institutional standard investing techniques to ordinary

2:10.5

people like you and me. Seven IM have been sponsoring me now for four years, putting their

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