Be Ahead of the Pack and start your investment journey young and benefit in retirement. The size of the nest egg will pay off for Tim Klingner and others when you start your investment journey young.
We all hear the stories of people ending up in a financial mess and wished they had paid attention to their finances when younger. If I had started saving at a young age then when I retired I would be a millionaire. I would not have this worry of whether I would have enough money to last me thirty years in
retirement if only I had paid more attention to my saving and spending habits. I can’t believe how much Mum’s deteriorating bad health is costing her in old age. Will I be able to afford to pay for nursing home care?
Financial literacy is something that is not commonly taught in the school system. Learning how to manage our money had in the past been left up to individuals. But financial strife is a big problem in our society. The earlier that we can have an understanding on how to manage our money and put something away for the future the better off we will all be.
Just imagine knowing that your financial future was taken care of and you can look forward to your retirement. The things you do today will have a bearing on your future.
What does financial literacy do for us? Well it gives you the confidence to know that you have plans in action that is going to future proof your retirement. It will give you choices for your future.
What do your retirement goals contain?
- Big house
- Live at the beach
- Nice holidays
- Pay your children’s college education
- Retire early
Having confidence in your financial plan can mean a stress free life.
Just imagine knowing that your financial future was taken care of and you can look forward to your retirement. The things you do today will have a bearing on your future.Today’s podcast guest on Retire Well Retire Happy, Tim Klingner, started playing the ASX (Australian Stock Exchange) share trading game while still at high school. It gave him the confidence and knowledge to start his investing journey at an early age.
1:50 Tim Klingner background
3:50 Early trading
5:40 Mentors and refining strategy
6:50 Growth strategy
9:00 Superannuation Australia’s answer to IRAs and 401K’s
11:15 Tim’s criteria
13:30 Follow the trend
18:00 Find your reason to invest first
20:30 Where does Tim find stocks
21:30 Recommended resources
To connect with Tim online
Have you listened to the last episode of Retire Well Retire Happy Podcast?
Leave a Reply