This week, we discuss the Federal Reserve again throwing cold water onto the stock market. At some point, the Federal Reserve will be done with their tightening cycle and a little patience goes a long way.

Our main topic today is Wealth Building for Generation Z and Millennials. Generation Z is defined as those born between 1996 and 2010, and Millennials between 1981 and 1996. Quite the spread of ages, but all worried about the same things. How can I build wealth and set myself up for financial independence?

The calculation I use in this episode is as follows:

Save 10,000 a year from 25-45 years old and earn an 8% return. This grows to 457,619 age 45. Stop contributing...but let it grow until you're 65, and it is worth $2,132,944. Total contribution is $200,000

Save 10,000 a year from 35 - 65 years old and earn an 8% return. This grows to $1,132,832. Total contribution is $300,000.

STARTING TO INVEST AS SOON AS YOU CAN MATTERS!!!