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We’re back with another mailbag episode for today’s show! We’re here to answer financial questions from listeners just like you. Stick around and see what strategies you can learn from today’s show.
Eddie is 62 and hates his job but is making a great income. He asks if it would be a mistake to walk away from this job before retirement. Catherine asks if she should give some money to her grandkids while she’s still alive or wait until after she passes. Stay tuned as Scott explores the concept of being rich versus wealthy, weighs the pros and cons of gifting now versus later and answers a few other mailbag questions about downsizing a home and financial planning.
Here’s what we’ll discuss in this episode:
- “I’m 62 and making more money than I ever have, but I hate the politics involved in working for a fortune 500 company. Would I regret retiring and walking away from this income?” [2:42]
- “Should I give some money to my kids and grandkids while I’m still alive or just let them inherit everything when I pass?” [13:05]
- “I’m positive that I have more than enough money to retire. Do you have any advice for someone like me or can I coast through life, financially speaking?” [18:56]
Thanks for checking out this episode of the podcast. If you’d like to learn more about financial and retirement planning, check out our YouTube channel here.