Yes, 27 Year Olds Think About Retirement Too

Published: May 17, 2015, 11:50 p.m.

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"The younger generation is ruining this country!" This was said about the baby boomers. Now it\'s said about the millennials. The fact is, each new generation brings a fresh perspective that helps our society and country renew itself. Recently I spoke with a "millennial" who, like you and I did, is working to raise a family and save for the future.\\xa0

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Want to Learn How to Draw From Your Savings During Retirement?

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I\'ll show you the system I use with clients during a free webinar on May 26th at 2:00 pm CST.\\xa0

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A free replay will be available to all that register.

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CLICK HERE to register

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Favorite Quote

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"My goal is to get compound interest on my side as quickly as possible."

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Lessons Learned From Jordan\'s Journey

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  • Millennials are rejecting debt and working hard
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  • There\'s a big difference between being frugal and cheap.\\xa0
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  • It\'s important not to rush into big purchases.\\xa0
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  • How important it is for couples to walk together as they manage their finances.
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About Jordan

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  • 27 years old
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  • Married, one child\\xa0and one\\xa0on the way
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  • Very cheap or frugal
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  • School teacher
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  • Loves working with kids
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What Does Retirement Means to You? \\xa0

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The idea if being a millionaire really struck me

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That idea of being wealthy sounds good

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The idea of traveling a lot is wonderful

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What Are You Most Excited About Retirement?

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What Are You Most Worried About Retirement?

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Health, obviously

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I think my biggest worry right now is will I have enough money. I think that\\u2019s what drives me to save.

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The other thing that scares me\\u2026.is the idea of inflation. What inflation will be like in 30, 40, 50 years.

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My goal is to get compound interest on my side as quickly as possible.

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How Do You Think You\\u2019re Doing?

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\\u201cBased on where most people are, I\\u2019d give myself an A\\u201d

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Do You Use a Financial Planner?

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\\u201cI do but probably not as well as I should.\\u201d

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What has Been Your Worst Financial Mistake?

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Being cheap rather than frugal when buying their home.

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What Do You Struggle With When Managing Your Finance?

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She (my wife) just wishes we could spend a little more money and I \\u2018m just more on the frugal side.

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\\u2026I wish I was a little bit less frugal, but then again I wouldn\\u2019t be in the situation I\\u2019m in now.\\u201d

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What Resources Have Had the Most Impact on Your Life?

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Dave Ramsey

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Rick Edelman Podcast

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How Do You Want to Be Remembered?

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The most important thing to me is to be a good father and husband

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