2910: [Part 1] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Investing Math

Published: Oct. 23, 2024, 7 a.m.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.\nEpisode 2910:\nTurning 40 can trigger concerns about retirement savings, especially if you\u2019ve barely started. William Cowie explores strategies for catching up, emphasizing the tough math behind investing more or accepting higher risks to make up for lost time. His practical advice acknowledges the challenges while offering pathways to securing a retirement, even with a late start.\nRead along with the original article(s) here: https://www.getrichslowly.org/starting-to-save-for-retirement-at-40/\nQuotes to ponder:\n"You missed the luxury train to retirement. It\u2019s not pleasant to hear, but it\u2019s true."\n"The question is not risk or no risk, it is how much risk."\nEpisode references:\nCity of Detroit Bonds: https://www.muninetguide.com\nLearn more about your ad choices. Visit megaphone.fm/adchoices