ABOUT THE EPISODE
ABOUT THE EPISODE
In this episode, financial experts Brea Dantin and Nicole Yankowskis offer valuable advice on retirement planning for early career professionals.
They discuss the importance of starting retirement savings early, understanding different retirement plans like 401(k)s and 403(b)s, and maximizing employer contributions.
They highlight the benefits of automated contributions, tax advantages, and the significance of compounding interest.
Our experts also dive into strategies for balancing immediate financial needs with long-term savings goals, and emphasize the importance of keeping it simple, getting started, and continually learning.
00:00 Getting Started with Investing in Your 20s
01:09 Introduction to Our Guests: Brea Dantin and Nicole Jankowskis
02:53 Why Early Career Professionals Should Think About Retirement
06:25 Understanding Employer-Sponsored Retirement Plans
10:29 Maximizing Your Retirement Contributions
12:33 The Importance of Automation in Saving
13:23 Portability and Vesting in Retirement Plans
16:12 Tax Advantages of Retirement Plans
17:59 How Much Should You Save for Retirement?
27:17 Exploring Additional Savings and Investment Options
30:50 The Basics of Investing for Retirement
35:43 Key Takeaways and Final Thoughts
