In this episode, Anne Lester, a retirement expert, author, media commentator, top-rated speaker and former Head of Retirement Solutions for JPMorgan Asset Management, dissects the current economic turmoil and helps us understand what it means for personal financial security in today's unpredictable world.
Dive deep into the practicalities of achieving financial stability, managing investments, the realities of retirement planning, and navigating high-stress financial decisions. Whether you're a seasoned investor, a young professional starting out, or someone looking to refine your financial strategies amidst global instability, this episode offers invaluable insights to help you safeguard your financial future and make informed decisions.
SHOWNOTES -
00:00:00 - Episode & Guest Introduction
00:01:35 - Responding to economic instability
00:07:50 - Practical strategies for creating financial security in uncertain times
00:13:55 - Buying vs renting a house
00:19:50 - TWO Must dos with money
00:21:00 - Saving for gig workers and freelancers
00:26:40 - How personal choices affect financial outcomes
00:30:30 - Curiosity & definition of failure as the KEY to better choices
00:37:40 - Advice for reckless spenders
00:48:20 - Managing debt, optimizing savings, & planning for future needs
00:53:10 - Where to invest, diversification, & market dynamics
00:59:45 - Directing your focus on wealth cultivation and learning more
01:09:52 - Retirement planning & the FIRE movement
RECOMMENDED RESOURCES -
Your Best Financial Life by Anne Lester - https://www.amazon.com/Your-Best-Financial-Life-Future/dp/006332086X
The Psychology of Money by Morgan Housel - https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681
Nudge by Richard H Thaler and R Sunstein - https://www.amazon.com/Nudge-Improving-Decisions-Health-Happiness-ebook/dp/B009KERBQI/
Thinking, Fast and Slow by Daniel Kahneman - https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman-ebook/dp/B005MJFA2W/
The Intelligent Investor by Benjamin Graham and Jason Zweig - https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661
CONNECT WITH ANNE LESTER -
Website - https://www.annelester.com
LinkedIn - https://www.linkedin.com/in/savesmartwanne
YouTube - https://www.youtube.com/channel/UCE7snA-XZ4vdlUAXFU8MHEg
Facebook - https://www.facebook.com/savesmartwanne
CONNECT WITH ME -
Take the EmoPersona Quiz - https://www.kratimehra.com/emopersonaquiz/
Subscribe to the Newsletter - https://www.kratimehra.com/newsletter/
For more, visit - https://www.kratimehra.com/experible/
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