Behind the Numbers: Saving for Retirement, With Lauryn Williams and Chloé Moore

Worth Listening

Welcome to Round 2 of the “Know Better, Do Better” series born from the countless conversations two CERTIFIED FINANCIAL PLANNER™ professionals, Lauryn Williams and Chloé Moore, have about the trendy narratives and clickbaity articles that make it hard for them to help their clients. They will take you behind the numbers with real-life examples of financial situations to help you gain confidence and clarity to control your financial destiny.

In this episode, Lauryn and Chloé dive into retirement savings. Despite all the craziness going on in the world, it’s important to prioritize getting some money in an investment account, so it can grow and work on your behalf for retirement. Lauryn and Chloe want to help you understand the numbers so you get your finances in order and work because you want to and not because you have to.

In this episode, Lauryn and Chloé talk about:

• Sabatier’s 7 levels of financial freedom
• Living paycheck to paycheck (and why it’s not tied to your income level)
• What you need to know about savings rates
• Why maxing out your 401(k) probably isn’t enough
• Using the 4% rule to plan for your retirement
• The snowball effect of compound interest (and why you need to start now)
• How to invest in the market
• Why you should continue investing in the market when it’s down
• Finding the balance between enjoying life today and saving for the future

If you want to further connect with Lauryn Williams at Worth Winning, follow us on social media:

• Instagram: @worthwinning
• Twitter: @worth_winning
• Facebook: @worthwinningfp
• LinkedIn: @lauryn-williams

If you want to further connect with Chloé Moore:

• Instagram: @financialstaples
• Twitter: @finstaples
• Facebook: @finstaples
• LinkedIn: @chloemoore

Shared quote:

“The question isn’t at what age I want to retire, it’s at what income.” —George Foreman

“The best time to start thinking about your retirement is before the boss does.” – Unknown

RESOURCES MENTIONED:

• 7 Levels of Financial Freedom
• Compound Interest Calculator
• Every 25-year-old in America needs to see this chart right now
• How to Prioritize Saving, Investing, and Paying Off Debt