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14min chapter
538: Late Start, Early Retirement: The Huge Advantages of Investing Later in Life
BiggerPockets Money Podcast
Strategies for Simple Investing and Retirement Planning
The chapter emphasizes the importance of having an investor policy statement and starting with a simple approach to investing before transitioning to more complex strategies. It discusses the 25 times expense rule for retirement planning, the concept of the 4% rule, and the role of Social Security in achieving retirement goals. The chapter highlights the significance of understanding expenses, reducing costs, and including Social Security benefits in financial planning for a secure retirement.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode