2034: Ask Farnoosh...About Farnoosh: My Midlife Financial Plan, Unveiled

You’ve been asking for this episode, and today I’m finally pulling back the curtain on my own financial plan.

Consider this a very special edition of Ask Farnoosh — except this time, you’re asking the questions about my money.

For roughly 15 years, much of my financial life was on cruise control: automate the investing, save for retirement, fund the kids’ accounts, maintain the emergency fund, repeat. But midlife has me asking a different set of questions. Am I still saving the right amount? Could I invest a little less and spend more on my life today? How much do we actually need for retirement? And, gulp…should I consider an annuity?

My financial planner Maggie Johndrow of Johndrow Wealth Management joins me to reveal what we discovered after putting my entire financial picture under the microscope — including where I may have been over-saving, why we’re rethinking my SEP IRA strategy, and how we’re balancing retirement security with enjoying life now.

Then Maggie’s colleague Colette Ward joins us for an annuities crash course: what they are, why their reputation has changed and when they may—or may not—make sense.

It’s my Midlife Money Checkup. And hopefully, it inspires yours.

Reach Maggie at [email protected]

Reach Colette at [email protected]

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!

Hosted on Acast. See acast.com/privacy for more information.