I talk to people every day about their money, and retirement is one of the biggest

pain points that I hear. So today we're going to break down the common retirement mistakes

that keep people from building wealth and what you can do to set yourself up for success.

So make sure to like, subscribe, and share this

episode with a friend. All right, the first mistake that I see when it comes to retirement is that

people start investing before they're ready. Now listen, I know everyone says, like,

investing as soon as possible because of compound interest and all of that is so true. Yes,

and I am all for investing early, but you want to make sure that you have a good

financial foundation below you before you start investing because it's not going to be great

if your roof leaks you're like crap I got to like spend thousands of dollars on that but I don't have

it and we have all these bills to pay with debt and everything and oh my god what am I going to do

but I have, you know,

$50,000 in my 401k. But that's not helpful because you can't use that to fix your roof. So

that is why the baby steps are so important. So remember, get $1,000. That's the very first step

you're going to do. Then I want you to pay off all of your debt, everything but the mortgage,

and then once all your debt is paid off, then bump up that starter emergency fund to three to six

months of expenses. Then you invest. So yes, you do pause investing until those other three

steps are taken care of. Because again, you want a firm foundation below you when it comes to

your money. And investing is important.

Absolutely. We are all about it. But making sure that you are debt-free and you have your fully

funded emergency fund in place when that begins. So let's pretend that you have debt and you're like,

well, I'm still going to invest, but you don't really have a ton of margin to invest. So maybe you

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