Broke at Forty

Evan reflects on a recent financial article this past week predicting another amazing bull market on the horizon beyond a pending recession.  Will what he read hold true for the later part of this year?  And if so, are you positioned for the greatest financial success no matter what happens to things beyond our control?  Join us today as Evan once again has too much caffeine and rambles about poss...

Evan shares four (4) words that have contributed to his financial success over time.  Are they complicated?  Are they difficult to understand?  Do they resemble complex financial topics like Large Cap or Small Cap mutual funds, or investment advice in general?  Come On.  I think you know this answer.  Join us today to learn more!  Want to be on the show to share your money story?  Email us: EvanTh...

Evan talks through a simple concept that when amplified on a larger scale can teach late-in-life savers basic personal finance concepts.  No matter what age or net worth you've attained so far in life, he hopes this episode will motivate you towards your Financial Independence.  Want to be on the show to share your money story?  Email us:  EvanThomasBroke@yahoo.com

Evan rambles about how critical a 15-year period can be for late-in-life savers. We all know the drill. Keep expenses down. Do all you can to elevate your income potential with each passing year. Be confident and proud to purchase shares rather than material items! Happy Memorial Day weekend as you reflect on your past behavior and look forward to future financial abundance!

Join Evan as he talks through his favorite topic of all time, with one of his best FI friends, Michael. The two arrive in their mid-fifties with comparable outcomes, but both with very unique journeys to land here. Obsessing about finances while the stock market tumbles, what could be better!

Are we all facing a NEW reality as of this past Friday May 13th of 2022?  Evan thinks so, as he reacts to a NY Times article titled "The Stock Market, After Soaring for Years, Returns to Earth" by Michael Corkery.  What does this mean for a late-in-life saver?  What are Evan’s thoughts on early retirement, have they changed?  Is he more reality based for the upcoming decade? Join us today to find...

Evan has been absent for three (3) weeks!  Join us today to learn why, and more importantly to understand the power of the Millionaire Next Door mentality for Late-in-Life Savers.  

Evan reacts to an article he read the other day about living off of 2 million. Really? How many late-in-life savers get to that number?

Evan attempts to tackle his thoughts and understand his place in the financial landscape.  He understands that one has to accept where they are in Financial Life.  We can't change when we were born and what happens out of our control when it comes to market returns over the decades.  Walk with Evan as he once again attempts to make sense of it all.  Want to be on the show to share your money story...

Evan goes on a rant about his own personal struggle with giving in to societal and personal desires for material goods.  That's right.  Larger condos.  Luxury Automobiles.  The list can go on.  But does "Evan Ever After" give in to temptation today?  Listen in to find out!  Want to share your money story?  Email us:  EvanThomasBroke@yahoo.com

Evan wants to relay to Late-in-Life Savers the importance of a minimal and frugal mindset that begins with the smallest of items.  From a well made spatula to a Kindle device, if you can't get these right, what makes you think the larger more financial life-altering decisions will be different?  Join Evan today as he talks through the importance of three (3) "R" words to keep in the forefront of y...

Evan shares his thoughts about the relationship between bear markets and potential recessions.  The last short-lived bear market was in March of 2020 and looking back, it turned out to be the shortest V-shaped recovery on record.  Will today's environment prove to be the same?  Or, could we be facing a true recession? Regardless of the answer, Evan shares his experience over the last 14 to 15 year...

Evan rambles about how his taxes were a little more complex this year.  How can you make taxes fun?  Yeah, we know.  Join us today to learn how becoming a self-made millionaire is sometimes as easy as looking in the mirror and trusting the person looking back at you. Savings Rate (discussed last week) and Trusting Your Ability to make the right decisions mean all the difference as late-in-life sav...

Evan begin with a ramble of this week's thoughts, from thinking of FI from last week perhaps more as RE.  Say what?  From FI to RE?  And as you continue on a journey towards FI or RE, always remember this:  You can't escape Time.  Two months will soon be history for 2022.  What have you done with these 60 days?  Are you still behind the eight ball?  Are you reminding yourself of the eighth Wonder...

Evan shares with his late-in-life savers that the journey to FI can sometimes be not only the most challenging but enjoyable part of making personal finance one of your most treasured goals.  Join us while Evan looks inward and asks listeners to enjoy the process while tuning out the negative impacts of media and what you see.  Be what you see in your mind's eye.  Allow your engine to build to whe...

Evan reminds listeners of his 2022 motto, ICE: Interpretation, Choice, and Execution especially relevant during a year with higher than expected inflation. He wants late-in-life savers to remember that adapting to current conditions is the secret to financial success longevity. Want to share your money story? Email us: EvanThomasBroke@yahoo.com

Evan walks you through an article published recently on the NewRetirement website that asked the question, "Can You Do Better than Average on this Quiz...". Do you think Evan scored above average? Stay tuned to find out! And test your own financial literacy with these nine (9) sample questions from the recent survey by Fidelity (updated with 2022 insight) from which this article is based. Want to...

Evan rambles once again while on his cell phone.  At a moments notice, he may come up with a random late-in-life saver thought and is eager to chat with you! Join in this episode to learn five (5) things you can do if you're struggling financially, several of which take advantage of current economic conditions.  Want to share your money story via email for Evan to share with listeners?  Email us:...

Evan takes some time to discuss the media and surrounding gloom and doom for the stock market.  He reminds late-in-life listeners to strive to become a PAW instead.  Focus on these behaviors and ignore the media.  Don't know what a PAW is?  Stay tuned to find out.  Today, on the Broke at 40 podcast.  Email us with show ideas:  EvanThomasBroke@yahoo.com

Evan rambles about what Martin Luther King Jrs’ life has meant to him. And because this is a personal finance podcast, he relates it to our own monetary lives.

Inspired in part by James Clear's "Atomic Habits", Evan goes on a ramble today about getting back to basics with his bike and walking shoes.  Full disclosure, he hasn't read the book cover to cover, but has only googled the topic and listened to podcasts in the past where the author was the guest.  But having the basic knowledge of a concept is more than enough to remind us of our own power, in bo...

Evan looks back at twelve (12) months and encourages late-in-life savers to stay on track to meet their financial goals.  Did he meet his goals....financial and otherwise? How did his Condo Redesign go, and how much did he spend? What is his retirement date, does he even know yet?  Join us today as a kickoff of Season 4.  But first, he'll briefly review content from Season 3.  Another year down, e...

Evan learned a great deal this week about Marketplace Healthcare and wants to discuss Premium Tax Credits (PTC's).  Would he qualify as an early retiree?  Is he on the right track with this thought process, or is he all washed up?  Not discussed but as a teaser, would there even be enough qualifiable income from his taxable account?  Would the Rule of 55 have to be utilized by taking some capital...

Evan talks though several acronyms that have propelled him into never forgetting his goals with each year, especially related to fitness and finances. Join us today while he shares "ICE", a new acronym for 2022.  How can you come up with your own acronym?  Tune in today to learn how!  Want to share your money story in 2022?  Write us:  EvanThomasBroke@yahoo.com

It’s storytelling time today. Evan discusses one of his favorite books of all time and anchors it to helping listeners discover that they are the key to unlocking financial handcuffs that may be restricting them to becoming all that is possible. And when he says”they”, he means YOU, a loyal listener of the Broke at 40 podcast. Want to share your money story? Write us, and Evan may just share it on...