AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
1min snip
25 Money Rules (and When to Break Them) with Brian Feroldi
All the Hacks with Chris Hutchins
Measure Your Wealth and Save Smartly
Net worth can categorize individuals as 'prodigious accumulators of wealth' if it's double the expected amount or 'under accumulators of wealth' if it's less than half of what it should be. Tracking one's financial position can provide motivation or insight for improvement. For retirement savings, the updated guideline suggests setting aside at least 15% of salary instead of the older 10%. This change responds to the decline of pensions and aligns with data indicating retirees need to replace 55% to 80% of their pre-retirement income to maintain their lifestyle.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode