Easy 5 Step Plan for a Successful Retirement

I used to want to be a financial planner. But after studying finance in school and doing a ton of learning on my own, I realized that the only way I could make a living at it would be to sell people things that weren’t in their best interest. I can be an amazing sales person, but I have to believe what I’m selling otherwise I lose all motivation.

When I was in college, I was a member of our Investment Portfolio Organization. Why an organization instead of a club? Simple: IPO is a much better acronym for an investment club than IPC. Anyway, we did a lot of presentations on stocks and had speakers come in and tell us about different professions that we could explore with a finance degree. There was a time when we were looking for a few people to fill open slots of time, and I volunteered to take one of them. I was a bit worried about how it would be perceived because I was the black sheep in that group: I don’t believe in actively investing in individual stocks.

I have a different method which I believe is far superior; in fact, I’ve spent many months reading countless books about this, listening to Dave Ramsey’s 3 hour radio show each day, and watching Susie Orman each week, and spent well over 30 hours preparing a 133 page PowerPoint deck walking people through my thinking and showing them why I believe what I do. It only takes 45 minutes to go through, and usually generates a lot of questions. But there are a lot of people that care less about the why and more about what to do, so I’ve distilled it down into a much shorter blog post. This is what I tell my family and friends to do. Both my brother and sister follow it. In subsequent blog posts I may go into more depth surrounding specific topics (my clever way of incentivising you to come back and read more of the things I write!).

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