Playing Catch-Up: 6 Tips for Late-Starters
Motley Fool Answers
The Motley Fool
4.4 • 823 Ratings
🗓️ 28 April 2015
⏱️ 30 minutes
🧾️ Download transcript
Summary
We’ll help you figure out if you’re behind on retirement savings and give you six steps to get yourself back on track. Plus we get Pulitzer Prize-winning New York Times reporter Charles Duhigg to dish about will power, forming good habits, and his book, The Power of Habit: Why We What We Do In Life and Business.
Transcript
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| 0:00.0 | This is Motley Fool Answers. I'm Alison Southwick and I'm joined by Deanna Yokem and Robert Brokamp, |
| 0:08.2 | personal finance experts here at the Motley Fool. Deana brought snacks today. Thank you. |
| 0:14.0 | She's willing to share them with all of you out there right now. |
| 0:16.0 | That's right. Yeah. I think there are 23 Cheerios left in here. |
| 0:20.0 | Put your ear up close to the are 23 Cheerios left in here. |
| 0:20.9 | So. |
| 0:22.5 | Put your ear up close to the speaker. The first 23 people who email us will get a soggy cheerio mailed to them. |
| 0:29.6 | Don't say we never gave you nothing. |
| 0:31.8 | All right. |
| 0:32.3 | So looking around the room, I think it's safe to say that all three of us, Robert Deanna and myself, were late bloomers. |
| 0:39.2 | But not with our money. |
| 0:41.7 | What's that made? |
| 0:43.4 | Hygiene. |
| 0:43.9 | In my case, hygiene. |
| 0:44.9 | Well, others in high school were busy going to prom. |
| 0:48.2 | We were busy having great personalities contributing to an IRA and not spending money on things like prom dresses. |
| 0:57.2 | You should see my prom dress. It's awesome. |
| 0:59.8 | I've seen your prom dress, bro. Maybe you, dear listeners, were also late bloomers, but |
| 1:05.1 | of course not in the looks department because you look really good. We're talking about |
| 1:09.4 | when it comes to managing your money. Today, we're going to figure out if you're behind on retirement savings, and we're going |
| 1:14.6 | to give you six steps you can take to get yourself back on track. |
| 1:17.6 | Yeah? |
... |
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