RL158 — 15 money milestones

Today on the Retirement Lifestyle Show, Roshan Loungani and Adrian Nicholson break down a recent Washington Post article that categorised common questions people have according to age. They cover retirement and financial planning topics including credit scores, when to get a credit card, when to pay off your mortgage, and ways savers can learn to spend during retirement. [00:00] Introduction [02:39] 20s - How Much to Put Into a Retirement Account [05:26] 20s - When to Get a Credit Card [07:51] Building a Cash Reserve and Thinking About Your First Home Purchase [12:30] 40s - Talking to Aging Parents About Their Retirement Plans [16:00] 40s - What's the Best Way to Save for College [18:32] 50s - Is it Time to Get a Will? [19:55] Can You Really Afford to Retire? [24:58] 60s - When to Start Taking Social Security [28:26] 60s - Should I Pay off my Mortgage? [31:33] 70s - How Savers Can Learn How to Spend [36:40] 70s - What You Need to Know About RMDs [40:14] Health and Planning for Long-Term Care [40:51] 80s - How to Protect Your Financial Legacy [43:25] Understanding the Different Stages of Retirement [45:15] Parting Thoughts Roshan can be reached at [email protected] or at 202-536-4468.  Erik can be reached at [email protected] or 815-940-4652. Adrian can be reached at [email protected] or at 703-915-8905. Follow Us At: Website: https://retirementlifestyleshow.com/ https://www.retirewithroshan.com https://youtu.be/hKVzI87v0tA https://twitter.com/RoshanLoungani https://www.linkedin.com/in/roshanloungani/ https://www.facebook.com/retirewithroshan/ https://www.linkedin.com/in/financialerik/ https://www.linkedin.com/in/adrian-nicholson-74b82b13b/ #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan #retirement #investing All opinions expressed by podcast hosts and guests are solely their own. While based on information they believe is reliable, neither Arete Wealth nor its affiliates warrant its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions, consult a professional.