Lost $150K at 62, Then Built Generational Wealth – Mitch Abel

The Uncommon Minds Experience · Aug 24, 2026 · 38m

This conversation is for anyone who's ever wondered if it's too late to start, or if a major setback means the end of the road.

Mitch Abel knows this terrain intimately. He retired at 62 with only $400,000 saved—and the frightening realization that he might outlive his retirement . Instead of accepting defeat, he immersed himself in learning investing and trading .

In his first year of intraday options trading, he lost $150,000 . When he went to his partner Diana in tears, she looked at him and said two words: "Keep going" . That moment changed everything.

He went back to the fundamentals…