Meet the Young Financial Advisor Helping 20-Somethings Build Wealth

In this episode of the FMI podcast, Marlana Lancaster sits down with associate advisor Caleb Snider to talk about his journey into financial planning, growing up in southwest Virginia, and his passion for helping people navigate their financial lives. They discuss practical advice for younger investors, including retirement savings, Roth IRAs, employer matches, investing during market downturns, and how much house people can realistically afford. Caleb also shares insights on consistency in investing, long-term financial planning, and balancing life outside the office through faith, music, golf, and fitness.00:00 – Introduction and welcome 00:47 – Caleb’s background and career path 03:39 – Why financial planning as a career 06:34 – Who needs a financial advisor and minimums 07:19 – Working with younger vs. older clients 08:10 – How much to save (retirement contribution guidance) 09:15 – Employer match importance (401k basics) 09:41 – Additional savings beyond a 401k 10:01 – What is a Roth IRA and how it works 10:49 – Comparing growth and tax treatment across accounts 11:32 – Importance of actually investing contributions 12:01 – How aggressive young investors should be 12:21 – Home buying and affordability guidelines 13:41 – Key advice for young investors (consistency, discipline) 14:30 – Market downturns and investing mindset 15:13 – Personal interests and life outside of work 16:34 – Closing remarks