1307: Graying of America & Don't Save For Retirement, Millennial Guide to Financial Freedom by Daniel Ameduri, Future Money Trends
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Jason Hartman and Adam begin today's episode discussing the topic of the graying of America, and what the increasing demographic of people over the age of 80 means to real estate investors.
Then Jason talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race.
[5:52] How a cruise ship is a metaphor for life
[9:55] 18 million adults in the US will be in their 80s in the next decade
[12:23] The cost of construction could drive the elderly out of their homes if they need to renovate for their lifestyle
Daniel Ameduri Interview:
[18:55] What does Daniel mean when he tells people not to save for retirement???
[23:09] Beware financial advisers, there's more education required to be a hair stylist
[27:52] Millennials should embrace the freelance economy
[32:10] Daniel is seeing boom time for the next year