• Should I be Saving 10% of My Income for My Future Self?

  • Aug 1 2024
  • Duración: 12 m
  • Podcast

Should I be Saving 10% of My Income for My Future Self?

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  • Resumen

  • You’ve heard the conventional wisdom: “Save 10% for your future self.” But different experts say different things…10%, 20%...who’s right? And what if your expenses are so high you think you can’t save anything?

    This is the episode for you if you’ve been wondering about how much to save toward retirement. I’ll explain why there isn’t a “cookie cutter” answer, and what to consider as you make your own decision.

    I’ll also share surprising pitfalls you need to watch out for so your assets don’t get plundered.

    Listen now!

    Show highlights include:

    • Why it’s impossible to put a percentage on how much you should save for the future. (1:25)
    • Overlooked expenses that leave retirees struggling to keep their house–even though it’s paid off. (2:09)
    • Tax man’s 1-2 punch waiting for you in retirement. Know now so you won’t get sucker punched! (3:34)
    • Heartbreaking way assisted living needs can expose your assets like a carcass in the desert…and the vultures waiting to pick it clean. (5:30)
    • How to use IBC to protect yourself in your retirement years. (9:30)

    Reach out to me:

    valerie@alphaomegawealth.com

    https://www.linkedin.com/in/valerie-laroque-lacp-b569509

    Infinite Banking Mastery (infinitebankingnorthwest.com)
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