Investing for Retirement Growth

The chapter underscores the importance of actively selecting investments in a retirement account for substantial growth. It covers the basics of investing, different account types like Roth IRA and 401k, and the necessity of financial education to avoid pitfalls.

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On today’s Millennial Investing Rewind Episode, Robert Leonard chats with Brennan Schlagbaum to talk about the state of financial education and how to take control of your financial future. Brennan is a Certified Public Accountant, Investment Coach, and Author of Investing 101: Everything the Investor Needs to Know.

IN THIS EPISODE, YOU’LL LEARN

00:00 - Intro

05:41 - The strategy of paying down debt as fast as you can.

10:39 - How to manage the dynamic of living for now while striving towards financial goals.

12:18 - How should listeners approach paying off their students debts right now?

18:05 - Why you need to actually invest the cash in your investment accounts.

22:05 - What is currently wrong with our financial education system?

22:05 - How low-cost resources going to change the future of financial education.

37:09 - Why a budget doesn’t have to be restrictive.

44:57 - Common mistakes that new investors make.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

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Recommended Book: Broke Millennial Talks Money by Erin Lowry.
Recommended Book: The Power of Passive Investing by Rick Ferri.
Check out the books mentioned in the podcast here.

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