Summary: In a recent CNBC article they talk about how much you should have saved by age 50. Together Kim and Todd talk about this article and go through the principles of savings.<br> <br> Tune in with Kim D.H. Butler and No B.S. Money Guy Todd Strobel to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.<br> <br> Links and Resources from this Episode<br> For transcriptions and additional information of this episode go to http://partners4prosperity.com/category/podcast <br> https://www.cnbc.com/2017/09/01/how-much-you-should-have-saved-by-50.html <br> <br> Special Listener Gift<br> Free eBook: Financial Planning Has Failed <br> <br> Show Notes<br> 1:21 The medium working age family had $5,000 in savings<br> 1:46 If you’re going to retire by age 67 you need a minimum of 6X your salary by age 50<br> 3:03 What are you going to live on when you get close to retirement age?<br> 4:17 The assumption is that your expenses are lower at age 67, but is that correct?<br> 7:01 If you’re 50 you need to be thinking about cashflow living an active lifestyle<br> 7:49 Self worth is so much more important than net worth<br> 9:20 Why even try?<br>
