5 • 706 Ratings
🗓️ 21 March 2023
⏱️ 30 minutes
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0:00.0 | If you're a high earner and you have the option of contributing to a deferred comp plan through work, |
0:04.3 | then this episode is for you, and I think you're going to find it extremely helpful. |
0:08.0 | Because over the next few minutes, what we're going to do is we're going to break down what a deferred comp plan is, |
0:12.7 | how it compares to other retirement savings options, and then some key considerations you need to know |
0:17.7 | so that you can use your deferred comp plan to supercharge your retirement. This is another episode of Ready for Retirement. I'm your host, James Cannell, |
0:25.5 | and I'm here to teach you how to get the most of the life with your money. And now, on to the episode. |
0:31.8 | There's lots to break down today, and I'm excited for this episode because you don't typically |
0:35.1 | see a ton of good information on how to make the most of your deferred comp plan. So let's jump in. But before we do, want to quickly highlight |
0:41.1 | the review of the week. This comes from username Thinking Listener, five-star review, and |
0:45.6 | Thinking Listener says, if you want to know more, learn key underlying details of financial planning |
0:50.2 | concepts, this is a great podcast. No empty noise or opinions, just mostly lots of |
0:55.0 | useful facts and clear presentation style filled with useful situation examples. Thank you very much |
1:01.1 | for that review. I appreciate those of you who have taken the time to do that. More and more people |
1:05.1 | are finding this podcast every month and it's great to see the feedback from people saying how |
1:09.4 | much it's impacted their ability to plan for their retirement. |
1:12.3 | So if you're listening, if you've enjoyed this podcast, if this has contributed in any meaningful |
1:16.6 | way to your ability to plan for your retirement or just overall financial situation, |
1:21.2 | I would appreciate if you took a few moments to click the five stars, if you're on Apple |
1:25.2 | podcast or Spotify, and if you're on Apple Podcasts, leave a written |
1:29.0 | review as well so more people can find this show. And again, thank you to all of you who've already |
1:33.7 | taken the time to do so. So let's jump in. And I'm excited to be back this week. I hope you enjoyed |
1:38.7 | the last three episodes. They were hosted by Ari Taublipe, who's the vice president at Root Financial, and he is the host of |
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