Streaming issues? Report here
CapeTalk logo 2017 1500 x 1500
Best of Talk
01:00 - 04:00
volume_up
volume_mute

Up Next: Early Breakfast with Abongile Nzelenzele
See full line-up
Best of Talk
01:00 - 04:00
Home
arrow_forward
Business
arrow_forward
Lifestyle

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.

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:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : 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

More from MyMoney Online

Divorce

Considering divorce? How to avoid getting poorer in the process

17 October 2019 2:43 PM

Personal finance expert Warren Ingram warns that divorce almost always destroys wealth. Here’s how to not lose your money.

Share this:
Read More arrow_forward

islandjpeg

How to save and buy an island (you need only R2000 per month)

15 October 2019 3:36 PM

Saving money on boring stuff such as a car can allow you to do really outrageous and courageous stuff, says Sam Beckbessinger.

Share this:
Read More arrow_forward

standard-bank-bjpg

Why Mergence Investment Managers is buying Standard Bank and Mr Price

15 October 2019 11:46 AM

The Money Show’s Bruce Whitfield asks investment analyst Nolwandle Mthombeni to share her stock picks of the week.

Share this:
Read More arrow_forward

Hourglass cash money

5 retirement saving tips for those who left it late

14 October 2019 2:48 PM

It’s better to start late than never! The Money Show’s Bruce Whitfield interviews Jeanette Marais.

Share this:
Read More arrow_forward

big-mac-indexpng

Believe it, or not – the cost of living in SA is amongst the lowest in the world

14 October 2019 1:11 PM

If only we earned more – we’d be rich! Kieno Kammies interviews Certified Financial Planner Paul Roelofse.

Share this:
Read More arrow_forward

woman-piggy-bankjpg

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

14 October 2019 10:30 AM

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

Share this:
Read More arrow_forward

Growth

How to start saving and investing money

11 October 2019 12:08 PM

Unless you're über-rich, saving money is a must. But it’s not easy. Arabile Gumede talks to personal finance expert Warren Ingram.

Share this:
Read More arrow_forward

Loan lending

Lending money to family – what to do, and what not to do

11 October 2019 10:07 AM

Don’t do it! But if you must, you may want to consider personal finance expert Warren Ingram’s advice.

Share this:
Read More arrow_forward

tax-refundjpg

How to get a nice, fat tax refund from Sars (a guide for business owners)

9 October 2019 2:57 PM

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

Share this:
Read More arrow_forward

diseasepng

How to live off a dread disease benefit

9 October 2019 1:58 PM

Personal finance advisor Warren Ingram discusses "dread disease benefits", typically paid out as a lump sum.

Share this:
Read More arrow_forward

More from Personal Finance with Warren Ingram

Divorce

Considering divorce? How to avoid getting poorer in the process

17 October 2019 2:43 PM

Personal finance expert Warren Ingram warns that divorce almost always destroys wealth. Here’s how to not lose your money.

Share this:
Read More arrow_forward

woman-piggy-bankjpg

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

14 October 2019 10:30 AM

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

Share this:
Read More arrow_forward

Growth

How to start saving and investing money

11 October 2019 12:08 PM

Unless you're über-rich, saving money is a must. But it’s not easy. Arabile Gumede talks to personal finance expert Warren Ingram.

Share this:
Read More arrow_forward

Loan lending

Lending money to family – what to do, and what not to do

11 October 2019 10:07 AM

Don’t do it! But if you must, you may want to consider personal finance expert Warren Ingram’s advice.

Share this:
Read More arrow_forward

diseasepng

How to live off a dread disease benefit

9 October 2019 1:58 PM

Personal finance advisor Warren Ingram discusses "dread disease benefits", typically paid out as a lump sum.

Share this:
Read More arrow_forward

financial-advisorjpg

Is your financial advisor any good?

8 October 2019 12:31 PM

Personal finance expert Warren Ingram says the answers to these five questions should give you a good idea.

Share this:
Read More arrow_forward

johannesburg-stock-exchange-jsejpg

SA investments haven’t grown in 5 years. Should you rather put it in the bank?

7 October 2019 10:03 AM

Bank deposits outperformed other far riskier investments over 5 years. Personal finance expert Warren Ingram says to hang tight.

Share this:
Read More arrow_forward

Woman hammock Hong Kong

How to retire before you’re old

3 October 2019 11:57 AM

Exhausted? Do things differently and retire while you’re still relatively young, says personal finance expert Warren Ingram.

Share this:
Read More arrow_forward

Woman piggy bank

Supersaver Julia has stopped saving. She's still R330 000 richer than a year ago

2 October 2019 3:15 PM

Every year in July (since 2013), The Money Show’s Bruce Whitfield interviews supersaver Julia. It’s becoming harder for her.

Share this:
Read More arrow_forward

transfer-moneyjpg

8 tips from 'the greatest unit trust investor ever'

27 September 2019 12:53 PM

Peter Lynch managed the world’s best-performing unit trust for 13 years, says personal finance expert Warren Ingram.

Share this:
Read More arrow_forward

More from The Money Show with Bruce Whitfield

180323 Cape Town International Jazz Festival 2018 5

'I’m very conscious about how I spend. I don’t buy fancy cars. I buy bargains'

14 October 2019 11:07 AM

Bruce Whitfield interviews Sipho Hotstix Mabuse about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

woman-piggy-bankjpg

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

14 October 2019 10:30 AM

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

Share this:
Read More arrow_forward

south-african-passportjpg

'Emigration is draining skills, destroying the future of South Africa’s economy'

10 October 2019 3:37 PM

Small business guru Pavlo Phitidis shares shocking anecdotes and advises business owners on how to address this challenge.

Share this:
Read More arrow_forward

tax-refundjpg

How to get a nice, fat tax refund from Sars (a guide for business owners)

9 October 2019 2:57 PM

The Money Show's Bruce Whitfield interviews Daniel Baines, author of "How to Get a Sars Refund for Small Businesses".

Share this:
Read More arrow_forward

jeremy-mansfieldjpg

Jeremy Mansfield gets real about his money and beliefs about it

13 September 2019 1:03 PM

Bruce Whitfield interviews Jeremy Mansfield about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

Albie-Sachs.jpg

'We had a disdain for money. Material possessions counted for so little'

12 September 2019 3:20 PM

Justice Albie Sachs talks about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

riky-rick-youtube-screengrabjpg

My daughter (10) and son (5) must start working early - Riky Rick

30 August 2019 2:06 PM

Bruce Whitfield interviews rapper Riky Rick about his attitude toward money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

used-car-salesmanjpg

Buying a used car? New app sends mechanic to inspect it before you decide

28 August 2019 8:16 PM

Hanru Reyneke is on a mission to disrupt the used-car industry in South Africa by providing peace of mind to punchdrunk consumers.

Share this:
Read More arrow_forward

craig-gradidge-youtube-screengrabjpg

I come from having very little, to having a lot - Craig Gradidge

28 August 2019 6:31 PM

The Money Show’s Bruce Whitfield interviews Gradidge about his attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward

tracy-goingjpg

Former Morning Live co-anchor Tracy Going opens up, gets vulnerable about money

22 August 2019 6:04 PM

Former Morning Live co-anchor Tracy Going opens up about her attitude to money (hopes and fears, successes and failures, etc.).

Share this:
Read More arrow_forward