Mon, 5 October 2015
In this episode, Kraig shares a story about a recent conversation with a college graduate. After four years in college, this young lady was out in the world looking for work. When she found out that Kraig was a certified financial planner, she asked "how do I save for retirement"? Kraig asked "who said you should start saving for retirement"? She said that the financial website she had looked at encouraged her to start saving and investing.
Kraig encouraged her to ignore the main stream financial advice and start with protection first, then savings for liquidity, and then think about investing.
Kraig also shares his thoughts on family estate planning and the importance of good communication.