Sean Pyles
👤 SpeakerAppearances Over Time
Podcast Appearances
And what are your savings like in general?
Do you have an emergency fund?
Do you have different savings accounts for different purposes?
What about your other goals, too?
You mentioned travel.
You mentioned maybe buying a house or a new car.
Are you saving for those goals or is everything just going into your taxable brokerage account?
And that's because you're so focused on saving because you're afraid that you won't have enough money for retirement, right?
Yeah.
Okay.
And what about your wife?
You guys are a financial team here.
So what is her approach to saving?
How are you talking about your retirement contributions as a unit?
Yeah.
Well, that's one area where working with a certified financial planner can be really helpful because they can look at your wife's information to see what you both have asset wise and then map out how your retirement could look based on what you've been saving thus far and what you continue to save.
So I think that could alleviate some of your anxiety as well, just seeing what collectively you have.
And then you might be able to experiment with, okay, if I pull back from putting X amount into my brokerage account each month, what would it look like if I put that into another high yield savings account for these other financial goals that you have?
Because
It's a balancing act at the end of the day.