Wealthy After 40: Retirement Planning and Budgeting for Gen X
Wealthy After 40 is the retirement planning and budgeting podcast for Gen X women and couples who want to become retirement ready with a clear plan, confident money decisions, and a future they can't wait to live.
Hosted by Dalene Higgins, Retirement Strategist and Money Coach, this show helps you simplify saving for retirement, budgeting for retirement, paying off debt, and creating a personalized retirement plan built around your numbers, not a generic calculator.
We’ll answer questions like:
How much do I need to retire?
Am I on track for retirement?
How do I catch up on retirement savings?
Is it too late to save for retirement at 50?
Should I pay off debt or save for retirement?
How much should I have saved for retirement by 50?
What is the 4% rule for retirement?
How do I create a retirement plan?
When can I retire?
How much should I be saving for retirement?
You'll also learn how to focus on the financial levers that have the biggest impact on retirement, balance enjoying life today while preparing for tomorrow, and replace financial overwhelm with clarity about where you stand.
If you're ready to stop wondering whether retirement is possible and start making it happen, hit follow and join me every Tuesday.
Book your Roadmap to Retirement Call at https://www.elevatefinances.us/coaching to build your personalized retirement plan in 30 minutes.
Wealthy After 40: Retirement Planning and Budgeting for Gen X
Retirement Planning for Gen X: 4 Things to Map Out Now
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[Ep 196]
If you know when you want to retire but the years between now and then feel like a blur, this episode gives you a way to see the whole path. You'll learn how to map out what actually happens between here and retirement so the uncertainty stops running the show.
I walk through why knowing your starting point and your retirement goal isn't enough, and what to do about the middle stretch most people skip. You'll hear the questions that turn a blank 10 or 15 year window into a real plan, including how to think about a home purchase, college support, a remodel, a second home, or the family vacation you don't want to miss. I also cover the one thing not to worry about yet (whether you can afford it all) and why that question comes later.
Join the free monthly training, From Guessing to Knowing Your Retirement Diagnosis, at elevatefinances.us/webinar to see whether your current money system is working for your future or keeping you busy.
03:27 - The client story that started this episode
05:15 - Question 1: What lifestyle are you actually maintaining
06:55 - Mapping the 5, 10, 15 year stretch
08:15 - College, second homes, remodels, and family trips
10:34 - Why "I can't afford this" is the wrong question right now
Check out the show notes and other resources at https://www.elevatefinances.us/blog/4-things-to-consider-when-preparing-for-retirement
What topic or question would you love answered on the podcast?
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