Why are we Saving for Retirement, Again? #109
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 31 July 2019
⏱️ 34 minutes
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Summary
If you have a difficult time setting aside money for the future and saving towards retirement, then identifying why it is that you’re saving might be what you’re missing. Studies have even shown that we will save more money for retirement when we’re able to see an older version of ourselves- so maybe trying out FaceApp is a good thing after all! Even though we all might have different motivators, it’s healthy to remind ourselves of why it is so important to save and invest. And actually realizing and understanding that we’re going to be old one day is crucial when it comes to maintaining a high savings rate in our 401k, IRA, and other investment vehicles.
During this episode we enjoyed a Christmas Bomb by Prairie- a big thanks to Jeff for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.
Best friends out!
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Transcript
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| 0:00.0 | Last season, millions tuned into the betrayal podcast to hear a shocking story of deception. |
| 0:05.1 | I'm Andrea Gunning, and now we're sharing an all-new story of betrayal. |
| 0:10.3 | Ashley Litten was helping her husband set up a business fanmail account when she discovered |
| 0:14.3 | a terrible secret. I saw a hidden folder, and I opened it. What the hell did I just see? |
| 0:23.3 | Listen to season two of betrayal on the iHeartRadio app, Apple podcasts, or wherever you get your |
| 0:28.2 | podcasts. On Queen Charlotte, the official podcast, we're stepping behind the scenes and the |
| 0:34.7 | drawing boards of this team to experience the life breathed into the Bridgerton prequel. Listen to |
| 0:40.9 | the Leaps executive producer and series director Tom Verica took to capture the feeling that puts |
| 0:46.6 | that lump in your throat. And you've got to catch creator Shonda Rhymes. She's dropping gems, |
| 0:52.5 | diamonds, and mics. You can listen to Queen Charlotte, the official podcast every Thursday, |
| 0:58.0 | on the iHeartRadio app, Apple podcasts, or anywhere you listen to your favorite shows. |
| 1:03.7 | The thing that I'm most nosy about is other people's finances. I just want to ask people |
| 1:08.4 | how much money do you make, and what have you figured out about money that the rest of us haven't? |
| 1:12.5 | I might allow, and this is other people's pockets. The show where I ask people about their money, |
| 1:17.5 | because salary transparency is important, and because we can all learn something from other |
| 1:22.1 | people's financial mistakes and money hacks. Other people's pockets is a co-production of push-can |
| 1:26.8 | industries and little everywhere. Listen to other people's pockets on the iHeartRadio app, |
| 1:31.2 | Apple podcasts, or wherever you get your podcasts. Welcome to How To Money. I'm Joel, |
| 1:35.9 | and I'm Matt, and today we're asking the question, why are we saving for retirement again? |
| 1:59.4 | Joel, not only are we going to be talking about, again, why we're saving for retirement, |
| 2:04.4 | at the end of the episode we're going to launch into how, what steps you need to take to ensure |
| 2:09.0 | that you're saving for retirement. Joel, I know this is a topic you wanted to discuss and cover |
... |
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