Episode 557 | Investing for Founders

In Episode 557, Rob Walling flies solo to talk about investing for founders, with an emphasis on retirement. Rob views investing as a long-term game, not treating the stock market like a slot machine by buying and selling stocks. As founders, we're busy with our work, our family, and our friends. We don't want to spend a ton of time fiddling with investments. In this episode, Rob outlines an 80/20 approach to getting the most out of investing as a founder.

The topics we cover

[02:13] How Rob made most of his money

[04:07] The rule of 72

[07:30] Investing on autopilot while building startups

[07:46] Build an emergency fund

[09:53] Max out retirement plans

[12:08] Open a simple IRA or SEP IRA

[13:00] Life insurance

[14:35] Retirement account asset allocation

[18:32] Taking your investments to the next step

Links from the show

• Rule of 72
• Haven Life
• Lazy Portfolio
• Money For the Rest of Us
• The Stacking Benjamins Podcast
• Afford Anything

If you have questions about starting or scaling a software business that you'd like for us to cover, please submit your question for an upcoming episode. We'd love to hear from you!

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