Episode 43: Extreme Retirement Planning (September 1, 2011)

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Your Money Minute by Financial Finesse

Business


In this month's show: The average U.S. personal savings rate sits at around 5% of income. Is it possible, then, to somehow save 75% of your income? Jonathan Fogel seems to think so, and in this first part of the interview he shares why and how he's able to do it. He talks about what you'll be getting later in life (time and freedom) by giving up some of things now (material things). This concept applies, at different degrees, to everyone who is saving, or thinking about saving, for their retirement. For show notes and resources visit: http://www.getfinancialfinesse.org/?p=2251