Maximize Retirement with Smart Cash Moves

Listener in their fifties with $10K cash, $1K credit card debt, $4K savings, and a car loan seeks advice on best use of funds. Expert recommends a four-step plan: eliminate credit card debt, pay off at least $5K car loan, double emergency savings, and increase retirement contributions. Emphasizes the power of compound investing and the importance of making money work hard, especially as retirement approaches.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.