Quote

When you reach a certain age in life, time becomes more important than money, and I think that happens in your 50s.

Save your money. You're going to need twice as much money in your old age as you think.

You have to invest the money in a certain thing, because, you know, at 40, I want to enjoy my life. So I do a lot of investments. Apartments back in Russia and New York. It's a good thing to do.

Especially if you're over 40, shortening the term of your loan to pay it off sooner could make you mortgage-free in retirement.

When you're nearing 35, going, 'Hey Dad, I can't make these payments,' just isn't cool.

The older I get, the more I'm prepared to do things for the money.

If you're 35, 45, or even 55 - you have a very long time horizon - 40 years or vastly more. That is you, and/or your spouse, are likely to live about that long, and you'll be investing the whole way.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

When you are 81 years old, you don't really need a lot of the trappings of wealth.

I look back on it, yeah, I'm in a much worse financial position than I was eight years ago. I'm going to have to go out at age 62 and kind of readdress some of that.