PT recently wrote a post for U.S. News and Yahoo! called the 5 Reasons Your Are Not Saving Enough for Retirement.
During our conversation we talk about this article and how you can properly prepare yourself for retirement in your 20s and 30s to make your life financially easier down the road. PT also tells us about PT Money’s transformation to a full-time blog and explains what it means to be a marathon completer.
The Foreigner’s Finances Podcast Episode 8
[01:00] – Welcome and PT Money’s transition to full-time blog
[03:45] – How marathons brought the PT family together
[06:30] – How PT got started with his retirement savings
[08:00] – Using savings tools to make saving/investing easier and automatic
[14:00] – How to give your finances a wake-up call
[18:00] – Saving for retirement vs. your kid’s college tuition
[24:30] – Estimating how much you need for retirement
[29:15] – The downfalls of relying on others for your retirement
Thanks to PT and make sure to check out PT Money!