Episode notes
A.B. Ridgeway tackles the conventional wisdom of saving more and spending less as a surefire strategy for retirement. Through historical analysis and personal anecdotes, he underscores how modern financial challenges—such as high inflation, increased debt, and lower savings interest rates—demand a more nuanced approach. Ridgeway explores the pitfalls of relying solely on savings accounts and offers actionable advice on smarter investment strategies that can help secure a more stable financial future.
- Historical Context of Savings: Ridgeway explains how the high-interest savings accounts of the 1980s are a thing of the past. With modern savings rates often below 0.1%, the money saved is effectively losing value due to inflation, making it critical to find better investment opportunities.
- Impact of Inflat ...
Keywords
savingssaving moneyi need help saving moneywhat are strategies for saving moneysavings help you retiream i saving enough for retirementwhen should i start saving for retirementretirees saving for retirementsavings for retirement is changingchallenges you face saving for retirementsaving money eating outsaving for retirementemergency savingsIncrease Your SavingsRetirement Savings