Send us a text)
In this episode of the Retire Early Retire Now podcast, Hunter Kelly, a certified financial planner and owner of Palm Valley Wealth Management, discusses the five essential financial benchmarks to achieve by age 50. The episode builds on last week's discussion about financial goals for age 40 and is geared towards high-income earners such as physicians and attorneys. Key areas covered include saving six to eight times your annual income for retirement, eliminating consumer debt, maximizing retirement contributions, diversifying investments, and securing an estate plan. Additionally, Hunter emphasizes the importance of long-term investment strategies amid market uncertainties and offers practical advice on how to stay financially on track.00:00 Welcome to the Retire Early Retire Now Podcast
00:14 Introduction to Financial Benchmarks by Age 50
01:14 Market Insights and Long-Term Investment Strategy
02:46 Benchmark 1: Retirement Savings Goals
07:35 Benchmark 2: Eliminating Consumer Debt
10:54 Benchmark 3: Maximizing Retirement Contributions
12:52 Benchmark 4: Diversifying and Managing Investments
19:45 Benchmark 5: Importance of Estate Planning
24:49 Recap and Final Thoughts
Check out the Palm Valley Wealth Management WebsitePalmValleywm.com)Check us out on Instagram)LinkedIn) Facebook)Listen to the Podcast Here! Apple)Spotify)
