Afford Anything

Ask Paula: How Can We Reach Financial Independence by 35?


Listen Later

#346: Pensions make Chad uncomfortable, to the point of quitting his job to roll his $175,000 over to an IRA. Is the 12 percent match his employer offers good enough to beat the two percent growth of his pension? Or should he leave and never look back?

Anonymous and his wife have $275,000 saved and a child on the way. They’re 27 and want to reach financial independence by 35. They want to buy a house, but with this crazy market, what’s the smartest way for them to use their savings?

Anonymous and his wife are 30 and hope to reach financial independence in five years. They want to know: is a taxable brokerage account the best place for their leftover $1,000 after they max out their pre-tax 401k contributions?

Norm wants to buy a house in cash and doesn’t want his name on public record. Is it possible for him to stay anonymous?

Sharon called in on episode 336 and called back to clarify her question. Her husband purchased a below-market property which has a cap that limits how much they can sell it for. Should they keep the home, or sell it, even if they can’t get the full price for it?

Joe Saul-Sehy, my friend and former financial planner, joins me to tackle these questions on today’s episode.

Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.

For more information, visit the show notes at https://affordanything.com/episode346

Learn more about your ad choices. Visit podcastchoices.com/adchoices

...more
View all episodesView all episodes
Download on the App Store

Afford AnythingBy Paula Pant | Cumulus Podcast Network

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

3,404 ratings


More shows like Afford Anything

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,108 Listeners

Mark Levin Podcast by Cumulus Podcast Network

Mark Levin Podcast

23,819 Listeners

Red Eye Radio by Cumulus Podcast Network

Red Eye Radio

1,272 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

752 Listeners

Financial Independence Podcast by The Mad Fientist

Financial Independence Podcast

1,651 Listeners

The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

The Stacking Benjamins Show

1,947 Listeners

The Chris Plante Show by WMAL | Cumulus Podcast Network | Cumulus Media Washington

The Chris Plante Show

1,756 Listeners

The Rich Eisen Show by The Rich Eisen Show | Cumulus Podcast Network

The Rich Eisen Show

1,396 Listeners

So Money with Farnoosh Torabi by Farnoosh Torabi

So Money with Farnoosh Torabi

1,937 Listeners

Rolling Stone Music Now by Rolling Stone | Cumulus Podcast Network

Rolling Stone Music Now

977 Listeners

Jim Rome's Daily Jungle by Cumulus Podcast Network

Jim Rome's Daily Jungle

988 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,056 Listeners

ChooseFI by ChooseFI

ChooseFI

5,071 Listeners

Inside of You with Michael Rosenbaum by Cumulus Podcast Network

Inside of You with Michael Rosenbaum

10,117 Listeners

The Jim Rome Podcast by Cumulus Podcast Network

The Jim Rome Podcast

2,958 Listeners

Millionaires Unveiled by Jace Mattinson, CPA

Millionaires Unveiled

898 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,069 Listeners

Mike Drop by Mike Ritland

Mike Drop

6,368 Listeners

The Jim Rome Show by Cumulus Podcast Network

The Jim Rome Show

709 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

431 Listeners

Shawn Ryan Show by Shawn Ryan

Shawn Ryan Show

40,984 Listeners

Give Them Lala by Lala Kent | Cumulus Podcast Network

Give Them Lala

12,879 Listeners

The Candy Valentino Show by Candy Valentino | Cumulus Podcast Network

The Candy Valentino Show

193 Listeners

Two Sides of FI by Jason and Eric

Two Sides of FI

338 Listeners

All the Hacks with Chris Hutchins by Chris Hutchins

All the Hacks with Chris Hutchins

1,421 Listeners

Mile High FI Podcast by Carl Jensen & Doug Cunnington

Mile High FI Podcast

185 Listeners

Money For Couples with Ramit Sethi by Ramit Sethi

Money For Couples with Ramit Sethi

3,308 Listeners

The Benny Show by Benny Johnson

The Benny Show

1,994 Listeners

The Money with Katie Show by Morning Brew

The Money with Katie Show

1,404 Listeners

Talk Ville by Tom Welling & Michael Rosenbaum

Talk Ville

2,836 Listeners

Rich Valdés America At Night by Cumulus Podcast Network

Rich Valdés America At Night

71 Listeners

Catching Up to FI by Bill Yount & Jackie Cummings Koski

Catching Up to FI

303 Listeners

What The Football with Suzy Shuster and Amy Trask by Rich Eisen Productions | Cumulus Podcast Network

What The Football with Suzy Shuster and Amy Trask

61 Listeners

America In The Morning by Cumulus Podcast Network

America In The Morning

10 Listeners

No-Contest Wrestling by Rich Eisen Productions | Cumulus Podcast Network

No-Contest Wrestling

128 Listeners