On Your Money, Your Wealth®, Joe Anderson and “Big Al” Clopine tell it like it is, addressing personal finance issues that really matter to pre-retirees and retirees including investing strategies, portfolio diversification, how to reduce taxes, creating retirement income, collecting Social Security benefits, how much you can spend in retirement, Roth IRA conversions and contributions, and more. We don’t push hot stocks, feed panic about the markets, or sell you on the latest investment scheme. Instead, on the irreverent and informative YMYW we offer retirement investing strategies that can help you retire successfully.
Power-Up The Compound Effect
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Power-Up The Compound Effect
Duration 24m
For many, just starting to save money can be a difficult step. If you wait until all of your bills are paid, often there just isn’t anything left to put away. But if you look at the benefits of saving, even just a little over time, the payoff can be dramatic. It’s called the financial compound effect. Focus on paying off your high-interest debt, but get in the habit of saving as soon as possible. Give yourself the gift of time to maximize the compound effect on your investments and watch your wealth grow. Power it up and starting today!