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How to Teach Your Adult Children to Plan for Retirement
Manage episode 383741775 series 3307298
James walks through a framework of how you ensure that your legacy goals include more than just leaving a chunk of money to your kids when you're gone.
He explains the key concepts that can help your child develop strong money management skills. From starting early to diversifying your investments, learn how you can help set your child up for financial success
Questions Answered:
Why is it important to start investing for retirement early in life?
How does early investment preparation not only benefit your retirement but also your financial well-being in your younger years?
Timestamps:
0:00 Intro
3:42 Here's where to start
7:36 Owner vs lender
13:46 Diversification
15:42 Starting early
18:26 Why it matters
21:53 Where are you investing?
25:11 Questions to consider
26:08 Outro
Create Your Custom Strategy ⬇️
Chapters
1. Financial Legacy (00:00:00)
2. Choose Ownership Over Lending Importance (00:06:45)
3. Save and Invest Early (00:15:08)
4. Utilizing Root Financial for Retirement Planning (00:26:16)
226 episodes
Manage episode 383741775 series 3307298
James walks through a framework of how you ensure that your legacy goals include more than just leaving a chunk of money to your kids when you're gone.
He explains the key concepts that can help your child develop strong money management skills. From starting early to diversifying your investments, learn how you can help set your child up for financial success
Questions Answered:
Why is it important to start investing for retirement early in life?
How does early investment preparation not only benefit your retirement but also your financial well-being in your younger years?
Timestamps:
0:00 Intro
3:42 Here's where to start
7:36 Owner vs lender
13:46 Diversification
15:42 Starting early
18:26 Why it matters
21:53 Where are you investing?
25:11 Questions to consider
26:08 Outro
Create Your Custom Strategy ⬇️
Chapters
1. Financial Legacy (00:00:00)
2. Choose Ownership Over Lending Importance (00:06:45)
3. Save and Invest Early (00:15:08)
4. Utilizing Root Financial for Retirement Planning (00:26:16)
226 episodes
All episodes
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