Description

In this episode, I want to share the 6 simple steps of financial planning with you:

1. Know where you are financially. 
2. Set your retirement age.
3. Calculate your monthly savings goal.
4. Make a budget and stick to it! 
5. Invest your savings in index funds.
6. Periodically adjust and stay motivated.

FIRE movement:

https://www.forbes.com/advisor/retirement/the-forbes-guide-to-fire/

4% Rule:

https://www.cnbc.com/2021/11/11/the-4percent-rule-a-popular-retirement-income-strategy-may-be-outdated.html

Retirement Calculator:

https://investinganswers.com/calculators/saving/million-dollar-savings-calculator-how-long-do-i-need-save-become-millionaire-3678