S7E6: Life Stages - Empty Nest
The Meaningful Money Personal Finance Podcast
Pete Matthew
4.9 • 1.7K Ratings
🗓️ 13 September 2017
⏱️ 31 minutes
🧾️ Download transcript
Summary
If you’ve been lucky enough to have kids, there will be a time when you have to let them go, and suddenly your time and maybe even your money is a bit more your own, with fewer demands from the family, but a new lifestage is having into view over the horizon…
Likewise, if you don’t have kids, then the same lifestage will also be approaching, but before you get to retirement, whatever that means, you may have a shorter or longer time of having an empty nest. This brings with it some opportunities and threats, and in this session I’l be looking at both.
Transcript
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| 0:00.0 | Hi folks and welcome to the Meaningful Money podcast season seven, episode six. What's that sound? |
| 0:05.8 | Yes, quiet. |
| 0:14.4 | This is the podcast dedicated to helping you put your finances in order. My name is Pete Matthew |
| 0:20.4 | and I'm going to share with you everything you need to know and everything you need to do to put your finances in order. My name is Pete Matthew and I'm going to share with you |
| 0:21.3 | everything you need to know and everything you need to do to secure your financial future. |
| 0:25.8 | I'm here to help you make sense of money. |
| 0:36.3 | Here we are once again. Another week goes by. They go by quickly, don't they? Great to have you with me. |
| 0:42.9 | You know, if you've been lucky enough to have kids, there's going to come a time when you have to let them go. |
| 0:49.1 | And suddenly your time and maybe even your money is a bit more your own with fewer demands from the family. |
| 0:55.5 | But even though that's the case, you know, a new life stage is sort of holding into view over |
| 1:00.6 | the horizon. Likewise, if you don't have kids, then that same lifestyle, life stage is going to be |
| 1:07.5 | approaching. But before you get to it, it's retirement in case you're wondering what that is. |
| 1:12.1 | Whatever retirement is for you, before you get there, you may have a shorter or longer period of having an empty nest. |
| 1:19.7 | In other words, a time where you've got some opportunities and threats, and in this session, I'm going to be looking at both. |
| 1:26.6 | The sort of point in time when you are |
| 1:28.3 | probably at your best earnings power most of the things are sorted it's great time to enjoy life |
| 1:36.9 | but there's obviously a big transition on the horizon so I'm going to talk about that today |
| 1:42.1 | after the main body of the show as usual I look at the most recent reviews that have been left and now that we're going to be talking about that today. After the main body of the show, as usual, I look at the most |
| 1:44.7 | recent reviews that have been left, and now what we're going to be talking about next time. |
| 1:47.6 | But before all that, remember, this podcast continues to be brought to you with the help of my friends |
| 1:52.5 | at 7 Investment Management. They are a firm of investment managers based in London who specialize |
| 1:57.6 | in multi-asset investing, something I'm always talking about on this show, all right? |
... |
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