Just get in that habit of saving money.

Don't get wrapped into these really expensive life insurance policies early on.

Welcome to Stay Wealthy, San Diego, a show for successful professionals doing all the right things with their money and are ready to take their financial plan to the next level.

I'm certified financial planner Taylor Schulte,

and I'm here to teach you advanced financial planning strategies in plain English.

This podcast is for informational and entertainment purposes only

and should not be relied upon as a basis for investment decisions.

This podcast is not engaged in rendering legal, financial, or other professional

services. Welcome to Stay Wealthy San Diego. Today we're going to do something a little bit

different. The last couple episodes we did, we asked you guys to send in your questions,

comments, feedback, and thankfully, we got a number

of emails and a number of just really, really good questions. So we thought we would read off

those questions today and answer them live on today's podcast. Maybe they'll prompt some other

questions. And if you have some for us, please shoot us an email. We read and

respond to every email, even if we don't read your question on air. We do read them and we do respond to

them. So shoot us an email podcast at stay wealthy, san diego.com. And don't be shy. There is no such thing as a stupid question. So send us what you got.

So we will get right into it. Karen from Delmar emailed us and she said, my husband and I work full

time and have been really good about saving money. We have a rainy day fund in place,

and we contribute the maximum amount to our company retirement plans each year.

We've saved over a million dollars for retirement.

Good for her.

But that's not going to allow us to maintain our lifestyle for a long period of time.

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