Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Lorraine Ell is the CEO of Better Money Decisions (B$D) and Better Insurance Decisions. As co-owner of B$D, she is excited to continue her long career as an investment professional which started when she worked in the 1980s as an advisor with Drexel, Burnham and Lambert and J.W. Charles and as Co-owner of a Registered Investment Advisory (RIA) firm. Welcome! [2:35] Real quick- can you tell us your mission for both of your companies? ·       Primarily an investment advisor firm ·       “What’s money for but to live the life you want” ·       People lose sight of what they want from life [5:1] What are some first steps that you can recommend for people who are a bit behind in saving for retirement? ·       Don’t panic! ·       There are things you can do to catch up- working more, upping your savings ·       It’s important to take that first step ·       Try remove yourself from the expectations you hear [8:9] What are some things people should take into account when starting their retirement accounts? ·