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2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing
Episode 2911

2911: [Part 2] Starting to Save for Retirement at 40 by William Cowie with Get Rich Slowly on Passive Investing

William Cowie explains how, even starting at 40, you can build a secure retirement by working harder and considering less passive investments like real estate

Optimal Finance Daily - Financial Independence and Money Advice · Optimal Living Daily | Diania Merriam

October 24, 202410m 5s

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Show Notes

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Episode 2911:

William Cowie explains how, even starting at 40, you can build a secure retirement by working harder and considering less passive investments like real estate. His advice includes serious budgeting, debt elimination, and potentially taking on a second job to catch up. While it won't be easy, Cowie emphasizes that there is always hope and a path to financial independence, no matter when you begin.

Read along with the original article(s) here: https://www.getrichslowly.org/starting-to-save-for-retirement-at-40/

Quotes to ponder:

"It’s never too late to start, but the later you begin, the harder the work."

"Life isn’t always kind nor is it predictable but we don’t have to make it harder for someone else."

"If you’re getting a late start, you’re likely going to need to make a dramatic change to catch up."

Episode references:

Catching Up to FI: https://www.catchinguptofi.com

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