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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
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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.)

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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:


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

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