#760: A couple in their late 30s and early 40s with $1 million invested may never need to save another dollar for retirement, because left alone, that money could grow to about $4 million. The harder question isn't the money. It's which of them keeps working to carry the family's health insurance.

Paula and Joe start with Beth, an accountant married to a burned-out tech worker, who wants to know whether they can cut back on work now. Then they tackle a retiree's Ivy League financial aid questions and a New Yorker asking whether renting forever is a financial death sentence.

In this episode, we discuss:

• How to tell if you've saved enough for retirement to stop contributing
• Why one spouse should stay employed to carry the family's health insurance
• Where to find part-time work in fields that rarely advertise it
• How to turn a high savings rate into more time with young kids now
• Why lowering your income may not unlock more Ivy League financial aid
• Why test prep may matter more than hiring an admissions counselor
• Why renting in an expensive city isn't throwing money away

If you've built a solid nest egg but feel stuck working five days a week, this episode shows how to check whether you can ease off now instead of waiting for full retirement.

⏱️ TIMESTAMPS

Note: Timestamps may vary slightly depending on dynamic ad placements.

(06:53) $1 million by 40 and burned out: can they downshift?

(10:18) Why one spouse should keep the health insurance

(11:41) Where to find part-time work that still pays well

(14:41) Why work-life balance comes in seasons, not days

(16:49) What it really means to stop saving for retirement

(18:10) How $1 million could grow to $4 million untouched

(20:47) Turn your savings gap into time with your kids

(27:40) Why a lower income may not unlock Ivy aid

(37:12) Why test prep beats an admissions counselor

(50:32) Is renting really throwing money away?

🔗 RESOURCES MENTIONED

👉 RETIREMENT ALREADY COVERED? MAP WHERE YOUR NEXT DOLLAR SHOULD GO — ON ONE FREE PAGE: https://affordanything.com/cornerstone

👉 Joe's conversation with Lynda Gratton on taking breaks and changing careers over a longer life (Stacking Benjamins SB1898): https://www.stackingbenjamins.com/rethinking-retirement-100-year-life-1898

👉 Read This Before Planning for College (Stacking Benjamins x The College Investor): https://www.stackingbenjamins.com/collegeguide

👉 The College Investor, Robert Farrington: https://thecollegeinvestor.com

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#759: At 19, Jaspreet Singh bought a rental for $8,000. What followed was a nightmare tenant, a lawsuit, and a later house stripped of its copper, and it taught him what the real estate books leave out.

Jaspreet is the founder of Minority Mindset, a personal finance YouTube channel with more than 2.5 million subscribers, and CEO of Briefs Finance. He’s also a licensed attorney who chose to build businesses instead of practicing law.

Avoid these 7 expensive rental property mistakes → https://affordanything.com/rent

In this episode, we discuss:

• How hiring the cheapest property manager can cost you the most
• Why skipping a $200 inspection led to his worst deal ever
• Why an employee who’s just coasting hurts a small team more than a weak one
• A simple two-list exercise that shows whether your hard work actually pays
• How the tax code rewards owners and investors over employees
• How a terrible market timer who never sold still turned $100,000 into more than $1 million
• Where AI’s ripple effects could create opportunities beyond the AI companies themselves

Whether you’re weighing a first rental, a business, or simply investing more consistently, this conversation shows what each path really costs and how to learn those lessons for less than Jaspreet paid.

🔗 RESOURCES MENTIONED

JASPREET LEARNED RENTALS, BUSINESS, AND INVESTING THE EXPENSIVE WAY. MAP YOUR OWN PATH FOR FREE 👉 https://affordanything.com/fiire

Minority Mindset on YouTube 👉 https://www.youtube.com/@MinorityMindset

Briefs Finance and the free Market Briefs newsletter 👉 https://www.briefs.co

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

#758: Joe says that if you tell an employer you’re not motivated by money, you’re unemployable. Paula says that’s exactly the person she wants to hire.

Former financial planner Joe Saul-Sehy joins Paula to answer a question from a 26-year-old whose net worth is already 10 times her annual spending. Then they take on two more: whether target date funds are worth it, and whether a dad of young kids should make a career change that cuts his income by 60%.

In this episode, we discuss:

• Why not being motivated by money can make you a better hire
• The two traits Paula looks for when she hires
• How to tell whether a small business is a good place to work, and when it isn’t
• A quick test for whether you’d actually enjoy your coworkers
• When a target date fund makes sense, and when it holds you back
• How to decide whether to make a big career change now or wait
• Why your savings might be meant for exactly this kind of leap

If you’ve saved enough that a paycheck no longer drives your choices, this episode will help you figure out what should.

⏱️ TIMESTAMPS

Note: Timestamps may vary slightly depending on dynamic ad placements.

(02:32) She’s 26 and no longer motivated by money

(07:23) What Paula looks for instead of money motivation

(12:54) The hidden risk of working at a tiny company

(24:55) The 8-hour layover test for coworkers

(33:05) Why Paula put her parents in target date funds

(40:24) Joe’s 30-minute alternative to target date funds

(51:33) Why your 401(k) target date fund may be junk

(58:33) The case for target date funds as harm reduction

(01:08:01) Should he take a 60% pay cut to switch careers?

(01:13:37) Why waiting “one more year” rarely helps

🔗 RESOURCES MENTIONED

👉 Building your own mix instead of a target date fund? See which account each fund belongs in: https://affordanything.com/assetlocation

👉 Episode #709, planning for a child with special needs, with Keith Wargo: https://affordanything.com/709-the-financial-reality-of-developmental-disability-with-keith-wargo/

👉 Stacking Benjamins, Joe’s podcast: https://www.stackingbenjamins.com/

👉 Strategic Coach, the entrepreneur coaching program Joe recommends: https://www.strategiccoach.com/

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.