The chapter delves into financial planning advice for listeners in different life stages, from investing in their twenties to leveraging real estate opportunities. It explores the decision-making process of selling a home in Florida while moving to the Pacific Northwest, emphasizing factors like transaction costs and interest rates. Additionally, the conversation touches on exploring a new city through renting, optimizing cash savings, strategic debt management, and upcoming interviews with business leaders about achieving a better work-life balance.
#496: How much of a pay cut would you take for a lighter workload?
Today we hear from Paul, 35, who’s grappling with that question.
Paul’s boss offered him the chance to cut his hours and salary by 25 percent. He’d love to work fewer hours. He has a decent net worth, plenty of savings, and no debt. Should he grab the opportunity? Or stick with his long-term financial independence and early retirement plans?
An anonymous caller and her husband want to retire at 55. They also want a bigger home, a better car, and to start growing their family. Can they afford it all?
Tim spent his 20’s missing out on retirement savings as a medical student. He’s eager to catch up. What’s the shortest path to get there?
Matthew and his family dream of leaving Florida for the Pacific Northwest. Will they regret selling everything to start over?
Former financial planner Joe Saul-Sehy and I tackle these four questions in today’s episode.
For more information, visit the show notes at https://affordanything.com/episode496
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