The Joey Lifestyle Podcast

How to save money for your retirement in the distant future. How it will help you in the time later.


Listen Later

So todays episode entails how I planned to save for retirement and how beneficial it is to start saving for retirement early in life rather than late. I cover all the ways I found is best for saving for retirement and how all the money you save up adds up big time down the road. You will be glad you started saving for retirement early it’s the best idea that the bank ever told me. The amount of money you will have saved for retirement varies greatly on how much you make how you are paid and what your boss is paying you. Because if your boss pays your $13 an hour vs $30 an hour it makes all the difference but also depends if your working part time or full time. It can also can depend the amount of hours you work a day or if you end up working overtime hours or a night shift. Working too many hours though can cause your internal clock to play tricks on you causing you to wake up at random times during the night or day depending on if you work a night shift/day shift or both. Working too many hours and not worrying about time off can cause people to get tired of their jobs. It can also lead to lots of stress from too much work because your brain is working overtime and sometimes it’s not the best thing for you but it can be good for your future savings. Like when you get to the point when you want to retire, some people choose to retire early and some people work until they are in their 70’s but usually if your in your 70s still working your in gold enough shape to be able to work at that age. Everyone is different in the way they approach retirement and that’s okay because everyone likes to do things differently. That’s why everyone is unique, we look unique, we feel unique and we act unique that’s what makes us so special. It’s not always about how much money we can spend in a matter of days, weekends, weeks months, or years it’s about having that money down the road to be able to use it for what we are passionate towards. For example if I wanted to build a shop when I was at the age I wanted to retire that’s what the saving for retirement is for so I can build that shop with the money I worked hard for that’s what this podcast is all about. So we can start out and become even more successful when it’s time for us to quit working so we can enjoy the rest of our lives with the people and passions we enjoy. That’s why it’s so important for us to save as much as we can before we retire because the more we save for retirement the more we can buy and enjoy the things we buy because it’s the best idea to be able to enjoy the things we have with our hard earned money that’s exactly why I have chose this topic although the podcast isn’t that long it doesn’t have to be long because none of them have to be long it can just be short and simple. It can also be so long that it drags on and that’s not ideal. What is best is to have just the right length to make sure you get the most out of the podcast because who doesn’t want to get great information about great ideas everyday has to offer? I’d sure like to get the great ideas that everyone and everyday has to offer that’s for sure. That’s the point in most of the things in life is to get as much out of anything we can. Like we can learn a new skill or way to do something different than anything we have ever done before. That’s what makes life so great. It’s all about getting far enough to be able to succeed in life. That’s my favourite thing about what life skills teach you is that no matter what happens in life there will always be something new, unique or different ways to deal with anything life ends up throwing at you. And that’s the whole point in saving your valuable hard earned money you worked your tail off in order to become successful for retirement. That’s why it’s a great idea to start saving as soon as you can because if you do you will be able to have more opportunities to try something different every chance life throws something new at you. That’s the best part of our lives.
...more
View all episodesView all episodes
Download on the App Store

The Joey Lifestyle PodcastBy Joey Morin