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Episode 2856:
Bud Hebeler shares eight invaluable retirement tips gleaned from his own 27 years of retirement, emphasizing the power of compounding, professional advice, careful allocation, and living below one’s means. His insights, shaped by experiences from the Great Depression to modern times, provide a blueprint for achieving financial security and stress-free living in retirement.
Read along with the original article(s) here: https://www.newretirement.com/retirement/retirement-advice-8-tips-for-financial-success/
Quotes to ponder:
"Einstein was right: One of the great miracles is the power of compounding from saving."
"Living below our means - something that seems to have escaped many today."
"I strongly urge people to do serious retirement financial planning with conservative inputs."
Episode references:
The Simple Path to Wealth: https://www.amazon.com/Simple-Path-Wealth-financial-independence/dp/1533667926
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Optimal Finance Daily - Financial Independence and Money Advice