Plus Help Bill & Sally Retire: A Retirement Case Study
Show Notes
Want to retire a year earlier? Maybe have a bigger lifestyle budget for travel? You might be able to if you change your relationship with your car.
"According to Edmunds.com, the average monthly payment on a new vehicle is $479. Considering your existing car is trouble-free, saving that $479 per month means an annual savings of $5,748 by postponing the purchase of a new vehicle" (
bankrate.com).
In this episode I talk with James Kinson from
Cash Car Convert. James is on a mission to change how people think about and buy cars.
- What to look for when you're buying a used car.
- The value of buying used
- The dangers of long car loans
- How to buy a used car
- The value of buying a used car from a new car dealer
- How long a car can last (and still look great)
- Why you should do all the schedule maintenance
In the Market for a Car?
Connect with James and learn how to do it right
Bill and Sally Want to Retire
Based on your feedback from January's Can Carl Retire series, I've created a case study for us to work through in the month of March.
Meet Bill and Sally :
- Bill is 58 years old. Sally is 59
- They've been married for 13 years (their 2nd marriage)
- Both work outside the home
- Each has an adult child from a previous marriage
- Neither has a pension
- Both started saving later in life (early 40's)
- Bill is very worried about the markets and world economy
Sign up and plan alongside Bill and Sally and get access to an exclusive retirement planning webinar
What is Retirement Answer Man?
A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com