Michael is a certified financial planner and financial advisor with over a decade of experience in the financial services industry. In this episode we discuss: - How a client experienced changed Michael’s perspective on retirement - Pro’s and cons of using a pension for retirement - What you need to do differently to speed up your retirement - What are RSU’s and stock options and how to build wealth with them - Building a balanced retirement portfolio and much more 🔗 Connect with Michael: Linkedin: https://www.linkedin.com/in/michaelgdonkor Instagram: https://www.instagram.com/mikegdonkor 📩 Sign up to my mailing list to be the first to know about upcoming events: ⁠⁠⁠⁠⁠⁠⁠http://eepurl.com/hJEcLL⁠⁠⁠⁠⁠⁠ 💼 What's in The Wallet Submit any question anonymously and it may get answered in future episodes. Drop your question here: ⁠⁠⁠https://tally.so/r/w5gzdE⁠⁠ 🤝 Partners 📚Coursera - Learn AI, Cybersecurity, Project Management, Data Science & more with the education platform that I use: https://imp.i384100.net/savvywallet Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you. TIMESTAMPS 0:00 - Preview 1:01 - Intro 1:12 - Meet Financial Advisor, Michael 4:49 - When I thought wealth was possible for me  12:07 - Client story that changed my perspective on life 18:27 - When you retire you grieve your job 22: 30 - How serious is the retirement problem for previous generations  28:45 - What does retirement mean for you?  30:58 - When should you contribute to your pensions?  34:59 - Invest in things you’re interested in 39:44 - S&P 500 & Global index funds in your pensions 42:25 - How to retire with a pension 47:36 - When you can no longer get tax benefits from a pension  50:15 - How to utilise the stock market to retire earlier  55:16 - What you need to do differently to retire earlier?  1:02:38 - The approach to the stock market to retire earlier  1:04:01 - What are stock options and RSU’s and how to build wealth with them  1:09:50 - The downsides of RSU’s 1:14:24 - How to use property for retirement? 1:18:55 - A balanced retirement plan 1:20:02 - What’s in The Wallet  1:23:14 - Final Words Learn more about your ad choices. Visit megaphone.fm/adchoices