If inflation is the silent killer of retirement planning, what can you do about it? On today’s show, Brian talks through the rule of 72, how it relates to inflation, and how understanding this rule can impact your financial plan.
Whether it’s real estate, the stock market, or business growth, apply the rule of 72 to see how long it takes to grow your money into what you need. We’ll also talk about how people handle risk throughout their lives and how risk, inflation, and stock market volatility play into your financial plan.
Here are the listener questions Brian answers today:
- Is the rule of 72 to be followed? (0:12)
- The older you get, the less you’re open to risk. (5:45)
- Remember to stick with your financial plan. (10:18)
- What do richer Americans have in common? (14:51)