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Motley Fool Answers

Yes, Grumpypants, You Can Retire Without the Lottery

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 12 January 2016

⏱️ 22 minutes

🧾️ Download transcript

Summary

We play Pollyanna to all the negative voices in your head that tell you you'll never have enough money to retire (Yes, even if you don't have a big salary or are getting a late start). We also ask some of our favorite financial advisors for their #1 best way to be better with money in 2016.

Transcript

Click on a timestamp to play from that location

0:00.0

This is Motley Fool Answers. I'm Allison Southwick, joined by Robert Brokamp, personal finance

0:08.0

expert here at the Motley Fool. He's also too shy to tell you that he's the advisor on Motley

0:13.7

Fool's Rule Year retirement newsletter. It's pretty good. It's all right. Of all the

0:18.3

newsletters I write, it's one of the better ones. I can get behind that.

0:21.6

That's the only one I write.

0:22.6

When it comes to saving enough for retirement, it can be really easy to let the pessimism

0:26.6

sink in.

0:27.6

But today, Bro is the chipper little Pollyanna in Picktales who's here to challenge all those negative thoughts in your head.

0:33.6

And no, I will not be doing the voices, but Mark Reith will.

0:38.5

We have a special guest.

0:40.2

And then I will ask our stable of foolish financial planners to tell me their best tip

0:46.9

to save more and spend less in 2016.

0:50.2

All that and more on this week's episode of Motley Fool Answers.

1:02.5

So when Bro's not busy tweeting, Instagramming, vining, Snapchatting, or whatever else the kids are doing these days, what are the kids doing these days, Mark?

1:04.4

Tinder. That's what I like to do.

1:05.4

We've talked about that before.

1:08.1

I do very few of those things except for maybe Facebook.

1:09.7

Well, that's right.

1:11.6

That's right, because... A recent trip to Facebook made Bro very sad.

1:14.6

And it wasn't because of all of his Farmville crops perishing in a freak nuclear reactor

1:19.6

incident.

1:20.6

Bro, tell us what made you sad.

...

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