Nicole Lappin
π€ SpeakerAppearances Over Time
Podcast Appearances
Yeah, we're making the retirement movie of your life. Lifetime movie. No, those always end badly. So no, more of a Disney for Stephanie in retirement land. What do you have saved for retirement right now?
Yeah, we're making the retirement movie of your life. Lifetime movie. No, those always end badly. So no, more of a Disney for Stephanie in retirement land. What do you have saved for retirement right now?
Yeah, we're making the retirement movie of your life. Lifetime movie. No, those always end badly. So no, more of a Disney for Stephanie in retirement land. What do you have saved for retirement right now?
It was a transition time. Yes. Yes. We're going to need more money, clearly. The first thing to do is to think of how we're going to get that money and to come up with the right strategy. Are you investing? Are you saving? Where is that $5,000? Right now, it's in a...
It was a transition time. Yes. Yes. We're going to need more money, clearly. The first thing to do is to think of how we're going to get that money and to come up with the right strategy. Are you investing? Are you saving? Where is that $5,000? Right now, it's in a...
It was a transition time. Yes. Yes. We're going to need more money, clearly. The first thing to do is to think of how we're going to get that money and to come up with the right strategy. Are you investing? Are you saving? Where is that $5,000? Right now, it's in a...
They are. They totally are. I mean, I worry about that because a lot of people say they invest in a Roth IRA or a traditional IRA, and then that means to them that they put the money in there, but that's only half of the process. You actually have to... allocate where that money is going. It can't just sit there. So just can you make sure to check? I will worry about this. Yes, I will.
They are. They totally are. I mean, I worry about that because a lot of people say they invest in a Roth IRA or a traditional IRA, and then that means to them that they put the money in there, but that's only half of the process. You actually have to... allocate where that money is going. It can't just sit there. So just can you make sure to check? I will worry about this. Yes, I will.
They are. They totally are. I mean, I worry about that because a lot of people say they invest in a Roth IRA or a traditional IRA, and then that means to them that they put the money in there, but that's only half of the process. You actually have to... allocate where that money is going. It can't just sit there. So just can you make sure to check? I will worry about this. Yes, I will.
Thank you so much. Okay. Well, the good news is you don't necessarily have to make $1.5 million of income in order to retire with $1.5 million. If you make smart investments, you're going to be earning interest. That's going to help you grow your retirement nest egg over time. And even if that time period isn't, you know, the longest today is as good a day as any to get started.
Thank you so much. Okay. Well, the good news is you don't necessarily have to make $1.5 million of income in order to retire with $1.5 million. If you make smart investments, you're going to be earning interest. That's going to help you grow your retirement nest egg over time. And even if that time period isn't, you know, the longest today is as good a day as any to get started.
Thank you so much. Okay. Well, the good news is you don't necessarily have to make $1.5 million of income in order to retire with $1.5 million. If you make smart investments, you're going to be earning interest. That's going to help you grow your retirement nest egg over time. And even if that time period isn't, you know, the longest today is as good a day as any to get started.
So investing is really an important part of this equation. And again, it's. hard doing this as a freelancer because you're really navigating it on your own. You don't really have like an HR person I'm assuming to talk to. You are HR.
So investing is really an important part of this equation. And again, it's. hard doing this as a freelancer because you're really navigating it on your own. You don't really have like an HR person I'm assuming to talk to. You are HR.
So investing is really an important part of this equation. And again, it's. hard doing this as a freelancer because you're really navigating it on your own. You don't really have like an HR person I'm assuming to talk to. You are HR.
So for anyone mapping out their retirement, whether freelance or otherwise, I would recommend playing with a compound interest calculator. Have you ever done that? I know this is very nerdy and not what you want to do. We're talking right now on a Friday, like on a Friday night, but...
So for anyone mapping out their retirement, whether freelance or otherwise, I would recommend playing with a compound interest calculator. Have you ever done that? I know this is very nerdy and not what you want to do. We're talking right now on a Friday, like on a Friday night, but...
So for anyone mapping out their retirement, whether freelance or otherwise, I would recommend playing with a compound interest calculator. Have you ever done that? I know this is very nerdy and not what you want to do. We're talking right now on a Friday, like on a Friday night, but...
Okay. Oh, we have one on our website. There are also so many out there. You can just search for one. And it's, I mean, dare I say fun to put in different scenarios to see how you can tweak your budget and how that affects your retirement savings. So you can put in the calculator how much you plan on contributing to your retirement accounts, and then you can put in an estimated interest rate.
Okay. Oh, we have one on our website. There are also so many out there. You can just search for one. And it's, I mean, dare I say fun to put in different scenarios to see how you can tweak your budget and how that affects your retirement savings. So you can put in the calculator how much you plan on contributing to your retirement accounts, and then you can put in an estimated interest rate.