Chapter
Building Wealth Through Retirement Planning
26:34 - 35:29 (08:54)
In this podcast, the speaker stresses the importance of retirement planning, particularly through employer-sponsored retirement plans like 401ks, 403Bs, and Roth IRAs, for building wealth. The speaker also emphasizes the negative impact of debt on financial freedom.
Clips
The key to long-term wealth building is investing in employer-sponsored retirement plans, like 401ks, and Roth IRAs.
26:34 - 29:48 (03:14)
Summary
The key to long-term wealth building is investing in employer-sponsored retirement plans, like 401ks, and Roth IRAs. Investing in growth stock mutual funds is also a good option for diversification, while limiting debt will help achieve financial freedom faster.
ChapterBuilding Wealth Through Retirement Planning
Episode751 Become an Everyday Millionaire with Chris Hogan
PodcastThe School of Greatness
The speaker urges people to wake up, learn how to count, and manage their finances so they can work to impact people without worrying about debts.
29:48 - 35:29 (05:40)
Summary
The speaker urges people to wake up, learn how to count, and manage their finances so they can work to impact people without worrying about debts. He shares an example of a couple who paid off $200,000 in student loan debt in six years, and emphasizes the importance of financial preparedness to avoid becoming a burden to one's children in the future.