Episode 204: Investing for Millennials with Dan Solin
Financial Freedom Podcast - A podcast by Steven J. Richardson, Esq.
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Millennials are somewhat the "middle child" generation when it comes to saving for retirement. Although, on average, they began saving 10 years earlier than Baby Boomers, Gen Z started at the age of 19, which is 16 years earlier than the average baby boomer, and 6 years earlier than millennials. As such, they do have an edge over Boomers, they do have to play catch-up vis a vis the Gen Zers. That's why in this episode of the podcast I talk with retired attorney and investment guy Dan Solin on what millennials can do to get to the retirement finish line successfully. In this episode you will learn: - Whether Retirement Should Be Your Investing Goal - How Your Behavior Will Determine Whether You Reach Your Retirement Goals - What "Consumer Smoothing" Is - Whether Adjustable Rate Mortgages are Better Than Fixed Rate Ones - Should You Pay Off, or Keep, Your Mortgage