Episode 46: Future-You Called… They Want You To Set Up A Retirement Account
OUR HOSTS:
Corinne Foxx - @corinnefoxx
Natalie McMillan - @nataliemcm
What we're drinking: Napa Cellars 2016 Sauvignon Blanc
INTRO:
Corinne and Natalie introduce their new intern, Sophie!
TOPIC:
It's never too early to start saving for your future. In fact, if you're reading this and don't have a retirement account, this is your sign to start contributing to one today! This week, Corinne and Natalie break down everything you need to know about 401ks and beyond!
In this episode, we discuss:
The importance of saving for your future early
How compound interest works
The definitions of: 401ks, 403bs, pensions
The difference between Roth and Traditional IRAS
How you can take your money out of retirement accounts
How to create your retirement action plan
Final Recommendation: Broke Millennial by Erin Lowry
END OF SHOW:
This week, Corinne and Natalie rate the Napa Cellars 2016 Sauvignon Blanc out of Denzel Washington
Napa Cellars 2016 Sauvignon Blanc : 8.5/Denzel Washington
To wrap up the episode, Corinne and Natalie play Who'd You Rather? Natalie must choose between hot Disney characters: Aladdin or Mufasa. Corinne must choose between Pete Davidson or Jack Harlow.
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