#24: How much do you really need for retirement as a nurse?!

#24: How much do you really need for retirement as a nurse?!

Author: Ellaine Maala June 17, 2024 Duration: 16:08

June 18 2024  Episode 24: How much do you really need for retirement as a nurse?!

 

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In this episode, I talked about how much you really need to save or invest for retirement. Retirement planning for nurses is essential early on in our careers. There are a lot of factors that affect how much your retirement needs are going to be including your retirement age goal, expected expenses, lifestyle expectations and healthcare costs. While there are guidelines or benchmarks on how to calculate for retirement, at the end of the day each of us have different retirement goals. I talked about the 4% rule in this episode and freedom number and how much you need to invest if you want to retire early.

If you want to read the blog post related to How Much You need to Save for Retirement as a Nurse, READ HERE.

 If you want to sign up for my free investing class, REGISTER HERE.

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

 

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

SHOW DISCLAIMER: This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 


Ellaine Maala, a registered nurse and finance educator, hosts the Wealthy Nurse Podcast: Money, FI, Investing for Nurses. She speaks from a place of genuine understanding, navigating the unique financial pressures and irregular schedules that come with a nursing career. This isn't about generic money advice; it's a focused conversation on building security and freedom specifically for healthcare professionals. Episodes delve into practical strategies for investing in stocks and real estate, alongside exploring entrepreneurial paths for nurses looking to create their own businesses. The dialogue centers on achieving financial independence-whether that means designing an early exit from traditional work or gaining the confidence to continue in a beloved career without monetary stress. Through straightforward discussions and relatable stories, this podcast provides a resource for nurses ready to transform their financial knowledge into tangible wealth. It’s a space where clinical expertise meets financial literacy, all aimed at expanding what’s possible for nurses beyond their shifts.
Author: Language: English Episodes: 73

Wealthy Nurse Podcast: Money, FI, Investing for Nurses
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