How to save for modern-day retirement

"I think we still have this image of retirement where we sit in our rocking chairs on the porch, drinking lemonade, watching the world go by. That is NOT the modern day retirement." On this week's episode, our host Thamina is joined by Stephanie McCullough, Founder and CEO of Sofia Financial, whose mission is to empower women to make wise financial decisions and reduce their money stress. According to Stephanie, society's traditional understanding of retirement is outdated as more and more people want work to become optional earlier in life or take sabbaticals. Saving for modern-day retirement is therefore all about freedom creating options for oneself. However, unfortunately, many women still lack confidence when it comes to managing their money and are faced with a particular set of problems around the goal of retirement. The traditional financial services industry is ill-equipped to handle this problem. Stephanie and Thamina highlight the fact that investing and saving is not about being perfect or knowing the answer to all financial questions. It is about getting started and aligning your money habits with your priorities in life.