4.8 • 872 Ratings
🗓️ 9 August 2021
⏱️ 43 minutes
🧾️ Download transcript
John has a net worth of 4.2M. Of the 4.2M, 1.8M is invested in real estate split between his primary home and a condo rental. He as about 500K in his 401(k), and an additional 800K in other retirement accounts. John is 55 years old and first hit a net worth of 1M at the age of 39. He discusses teaching his kids about money, vacation costs, estimated spending after retirement, general mistakes and advice, and what it feels like being close to retirement.
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0:00.0 | You know, I watched my parents and my dad was an investor and not a big time type of thing, but he's always talked to me about being self-reliant and telling me things like, you know, nobody cares about your money more than you do so take care of it |
0:16.8 | yourself. So that's kind of all where it got started. I'd watch him and my mom and like I said they you know they were kind of lower middle |
0:24.7 | class or middle class and and I just wanted more than that I wanted to do more things and |
0:29.4 | go go see more stuff so I've just always been really conservative to try and try and keep putting money away for that day when I, you know, hit my mid-50s and, and the weird thing is, now I'm there and I'm one of those guys that feels like he's 25 and I'm having a hard time |
0:46.9 | getting grasping it that I can you know I could walk away anytime and that's just's just it's kind of hard to believe. |
0:56.4 | You're listening to the Millionaires Unvealed Podcast where you'll hear the stories and |
1:01.5 | interviews of everyday millionaires. We'll unveil their |
1:05.4 | decisions, their strategies, and their current portfolio allocation. Now to your |
1:11.8 | hosts, Clark Sheffield and Jace Matinson. |
1:15.0 | Welcome back to another episode of the Millionaires and Build Podcast. |
1:19.0 | This is episode number 198. |
1:22.0 | Clark, how's it going? What's going on your world? |
1:24.3 | Going well for me, we just did a few interviews tonight, a few people over, what, a couple |
1:29.2 | over three million so fun to get different perspectives from those people. |
1:33.6 | Yeah, we had one over 10, so definitely got so many good ones coming in the pipeline, |
1:38.9 | but always looking for great millionaires and great stories. |
1:42.3 | We are getting so close to 200 man and I know we've been |
1:45.2 | talking about this for a little bit but we are super pumped for that. Also of note |
1:50.1 | we're going to be headed here to a conference and will be producing a lot of great |
1:55.4 | content. It can be some bonus content from that conference. I'm going to be hanging out |
2:01.0 | with a bunch of millionaires diving into some quicker stories and |
2:06.6 | some quicker questions. |
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