27. Q&A Quickie: Investing at 40, Social Security and Money Mindset
Market MakeHer Podcast
Other Sources: Inheritance and Assets
Jess Inskip mentions inheritance and other assets as potential retirement means, acknowledging it's a sensitive topic.
We have a Market MakeHer short and sweet Q&A for you today regarding investing a little bit later.
Question from listener @spacey on TikTok: Should I be worried if I haven't started investing yet and I'm approaching 40?
Short Answer: No, but get started ASAP! Like we've said in previous episodes, time in the market is your best strategy. Cut down expenses and invest as much as you can (within reason).
Social Security
If you have been working, then you have social security. There's a government social security tool that can help you figure out how much you might be getting in those benefits.
Other Investments
If you have a home, that's an investment that can help you out later, or you might have other assets.
Money Mindset
We'll have an episode on this. Everyone has a different kind of relationship with money. Stay logical with your money instead of emotional. Check out Episode 25: Pay Yourself First for more budgeting tips.
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Market MakeHer is an investing education podcast and LLC with a mission to demystify the stock market and make financial literacy accessible to all self-directed investors! We believe that investing is for everyone and that's why we break down complex investing topics (from "Her" perspective), show you free tools/resources on our podcast, and offer a ton of free educational cont
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Market MakeHer is an investing education podcast taught by a 15-year finance expert to her friend, a beginner investor. Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We teach complex investing topics in a different way - from "Her" perspective.
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