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Wealthy After 40: Retirement Planning and Budgeting for Gen X
Dalene Higgins: Retirement Strategist and Money Coach for GenXers
How to Overcome the Challenges of Late Start Retirement Planning
OCT 27, 202612 MIN
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Description
[Ep 211]
If you’ve been searching, I’ve started saving late for retirement is this bad?, this episode is for you. You will understand the potential challenges and how to approach them with a growth mindset.
Now, starting late comes with challenges, but in the episode I explain each challenge, why it doesn’t mean you’re out of options, and a specific retirement strategy for each to help you overcome the challenges more quickly.
This episode helps you conquer the challenges you may face, but if you want to discover the hidden advantages of starting late, be sure to listen to Episode 151, The Hidden Perks of Starting Late for Retirement Success, where I explain why starting late can give you a better understanding of retirement planning than starting in your 20s or 30s.
00:51 - Why You’re Not Starting From Zero
03:27 - How Compound Interest Works
05:16 - Retirement Saving Strategy
09:06 - How My Client Accelerated Her Results
Check out the show notes and other resources at https://www.elevatefinances.us/blog/how-to-overcome-the-challenges-of-late-start-retirement-planning
What topic or question would you love answered on the podcast?
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