Like many of you, I dreamed of quitting my day job and retiring forever. But alas, I don’t have enough saved. So, I started researching Financial Planning in earnest, to answer the big questions:

• How much do I need to save?
• How do I invest this savings to grow it to the required size?
• Once I stop working, how do I make this nest egg last long enough for me to make it to the proverbial exit?

Absolutely none of these topics were reviewed when I was in school. I was lucky I had parents that advocated both saving and investing, but even they were self-taught.

My parents lived off a work pension and social security. They had savings, but they didn’t need it.

My generation and all those that come after are in a completely different predicament. Pensions have been replaced with 401K Plans. It’s now completely on us to save enough for our financial goals, including retirement.

Too many of us won’t make it. . .

We need to be armed with knowledge. And we need that knowledge early, in our twenties (and arguably as early as our teens) when we’re just starting out earning income.

I started my career as a research scientist with a Ph.D. in Biology, so I’m no stranger to exploration. I’ve since traded in test-tubes and pipettes for digging into facts. And doing the math. Lots of math.

I’ve spent almost two decades working in the Pharmaceutical industry (managing my 401K and doing my own taxes) while specializing in medical communication and training. I’m adept at translating complicated concepts into simple language.

Fortunately, personal finance is easier than medicine.

I’ve even earned a degree in Personal Financial Planning.

This blog represents a compilation of all the knowledge I wish I had ten or twenty years ago. Heck, even things I wish I knew last year!

Armed with knowledge, we can make better decisions about our personal finances and have a shot at achieving our financial goals.

Good luck!

Liz Baker, PhD

Liz Baker Communications

Have an idea or question? Contact me at Liz@YourWealthKnowledge.com

Experience & Recognition

Photo credits

Home page, this page: DreamLens Production from Pexels

Save page: Abhiram Prakash from Pexels

Invest page: Hu Chen from Unsplash

Retire page: Andrew Ly from Unsplash

Tax savings page: Jeremy Bishop on Unsplash

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This information has been provided for educational purposes only and should not be considered financial advice. Any opinions expressed are my own and may not be appropriate in all cases. All efforts have been made to provide accurate information; however, mistakes happen, and laws change; information may not be accurate at the time you read this. Links are included for reference but should not be considered an implied endorsement of these organizations or their products. Please seek out a licensed professional for current advice specific to your situation.