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How to retire (or stop working for money) by the age of 40

13 June 2019 7:03 PM
Tags:
Investment
Warren Ingram
Retirement
Personal finance
Retire
investing
investments
Julia
Supersaver
financial freedom
saving
financial advisor
retire young

Warren Ingram recaps the principles “supersaver” Julia, a young client of his well on her way to financial freedom, is following.

(This interview took place on 10 August 2018.)

pixabay.com

Every year since 2013 Bruce Whitfield dazzles listeners with an interview of “supersaver Julia” and her personal financial advisor Warren Ingram, a regular on The Money Show.

(Read: Supersaver Julia is back! Is her - already substantial - nest egg still growing?)

Ingram gave a recap of the nine principles Julia has followed since 2007, and that has her a few short years away from never having to work for money again:

  • Have a clear goal.

  • Aim for a balance between the things you want and the things you need.

  • Focus on the long term.

  • Keep your investments simple.

  • Ignore market cycles, except to buy more when markets are falling.

  • Diversify your investments.

  • Start as early as possible.

  • Don’t give yourself excuses.

  • Stick to your savings goal – hers was 33%, but others could aim for 15%.

For more detail; listen to the interview in the audio below (and/or read “Supersaver Julia is back! Is her - already substantial - nest egg still growing?”).

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:


13 June 2019 7:03 PM
Tags:
Investment
Warren Ingram
Retirement
Personal finance
Retire
investing
investments
Julia
Supersaver
financial freedom
saving
financial advisor
retire young

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