Listen "Waiting to Invest will cost you $$$ (Cost of waiting)"
Episode Synopsis
When it comes to investing, time is your friend. But on the flipside, time can also be your enemy. You see, the longer you wait to save for your future, the harder it will be to create the wealth to sustain your lifestyle.
In this lesson, we walk you through the mathematics of what it would cost you if you waited to invest. Also, you can use the retirement calculator with your own numbers to help you determine how much you can save (or need to save) in order to live your Ideal Life.
What if you aren't "young" and aren't sure how you can make it through retirement?
Here are 5 ways you can make sure you don't outlive your money: Work longer Reduce Expenses/Spend Less Increase income through side hustles or part time work Contribute more to retirement Downsize your home/mortgage/rent
Be sure to check out the ILMA Investing Course: https://www.sentinelcoaching.com/investing
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