Jason Feifer
đ€ SpeakerAppearances Over Time
Podcast Appearances
No, no, no, no. I think I'm a good... I'm very good at falling on my face. I've mastered the fall on your face in like all areas of life. But I've been very good at getting back up in the mirror, seeing the bruise and be like, yeah, we're not going to fall like that again. We might fall, but it's not going to be from that way again. So... And that's kind of life, right?
No, no, no, no. I think I'm a good... I'm very good at falling on my face. I've mastered the fall on your face in like all areas of life. But I've been very good at getting back up in the mirror, seeing the bruise and be like, yeah, we're not going to fall like that again. We might fall, but it's not going to be from that way again. So... And that's kind of life, right?
Keep getting knocked down, get picked back up, but just figure out how to avoid the future falls. So I think none of the above when I get hit on again, that's for sure.
Keep getting knocked down, get picked back up, but just figure out how to avoid the future falls. So I think none of the above when I get hit on again, that's for sure.
Keep getting knocked down, get picked back up, but just figure out how to avoid the future falls. So I think none of the above when I get hit on again, that's for sure.
I won't fall that way. I won't fall on the train. I won't fall through the booking of the airlines with the wrong number, you know?
I won't fall that way. I won't fall on the train. I won't fall through the booking of the airlines with the wrong number, you know?
I won't fall that way. I won't fall on the train. I won't fall through the booking of the airlines with the wrong number, you know?
Okay. I'll give one top of mind. It's in the book and it is about retirement. I think it's so easy to kick the can. I own a talent management agency. We work with different celebrities every day. And I try and teach them some of the financial wherewithal when these big checks are coming in.
Okay. I'll give one top of mind. It's in the book and it is about retirement. I think it's so easy to kick the can. I own a talent management agency. We work with different celebrities every day. And I try and teach them some of the financial wherewithal when these big checks are coming in.
Okay. I'll give one top of mind. It's in the book and it is about retirement. I think it's so easy to kick the can. I own a talent management agency. We work with different celebrities every day. And I try and teach them some of the financial wherewithal when these big checks are coming in.
And it is so easy for anybody and everybody, regardless of how much income you have, to kick the can on retirement. And I think it's really important to put dollars and cents together so people can get a picture. But on average, if you want to retire today, you need to take your annual spend and multiply it times around 2025. So let's just say you spend $100,000. I'm just making a simple equation.
And it is so easy for anybody and everybody, regardless of how much income you have, to kick the can on retirement. And I think it's really important to put dollars and cents together so people can get a picture. But on average, if you want to retire today, you need to take your annual spend and multiply it times around 2025. So let's just say you spend $100,000. I'm just making a simple equation.
And it is so easy for anybody and everybody, regardless of how much income you have, to kick the can on retirement. And I think it's really important to put dollars and cents together so people can get a picture. But on average, if you want to retire today, you need to take your annual spend and multiply it times around 2025. So let's just say you spend $100,000. I'm just making a simple equation.
You spend $100,000 a year. You're going to need $2.5 million to retire to live off that for 30 years, assuming the same lifestyle. And so what I would tell people is if we quickly bring that number down to 50,000, you now need 1.25. And so the ideology of what we're spending today does impact how much we need to save tomorrow is critical.
You spend $100,000 a year. You're going to need $2.5 million to retire to live off that for 30 years, assuming the same lifestyle. And so what I would tell people is if we quickly bring that number down to 50,000, you now need 1.25. And so the ideology of what we're spending today does impact how much we need to save tomorrow is critical.
You spend $100,000 a year. You're going to need $2.5 million to retire to live off that for 30 years, assuming the same lifestyle. And so what I would tell people is if we quickly bring that number down to 50,000, you now need 1.25. And so the ideology of what we're spending today does impact how much we need to save tomorrow is critical.
So think through that and think through that aggressively and also recognize I have a full table in my book. But this is an example. If you're 35 years old, you have a household income of $150,000. To be on track for retirement, you need $330,000 saved up. If you don't have $330,000 saved up with that income under your household and that age, you have to play a little catch up.
So think through that and think through that aggressively and also recognize I have a full table in my book. But this is an example. If you're 35 years old, you have a household income of $150,000. To be on track for retirement, you need $330,000 saved up. If you don't have $330,000 saved up with that income under your household and that age, you have to play a little catch up.
So think through that and think through that aggressively and also recognize I have a full table in my book. But this is an example. If you're 35 years old, you have a household income of $150,000. To be on track for retirement, you need $330,000 saved up. If you don't have $330,000 saved up with that income under your household and that age, you have to play a little catch up.