Mailbag: Buying a Car, Saving in Your 20s & Retiring with $500K
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Mailbag: Buying a Car, Saving in Your 20s & Retiring with $500K
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About this listen
Should you use your emergency fund, dip into your IRA, or just finance a new car in retirement? How can someone fresh out of college start saving for the future without putting life on hold? And is $500,000 really enough to retire comfortably at 65? In this listener mailbag episode, Eric dives into three real-world questions that highlight the complexity and nuance of personal financial planning.
Here’s some of what we discuss in this episode:
🚗 Considerations for funding a new car in retirement
🎓 Saving tips for young workers balancing life and the future
💰 The myth of the $1 million retirement target
Get in touch with the Peterson Financial team: https://petersonfg.com/
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