466: The Retirement Planning Roadmap: 401(k)s, Real Estate, Bonds & More
Description
If you haven’t started your retirement planning yet, you’re not out of luck. Whether you’re in your twenties, thirties, forties, fifties, or sixties, there’s still time to get enough into your accounts so you can walk away from work and live life on your schedule. So, even if you’re starting late, fret not because today, we’ll walk through everything you need to know to get your retirement planning in gear! To help, The Motley Fool’s Robert Brokamp is joining us on the show!
Robert, like many of us, started looking into investing when he was too broke to afford what he needed. Afterresearching index funds, compound interest, and basic investing, Robert thought, “Why isn’t everyone taught this?” This question inevitably led him to become a CFP (certified financial planner), join The Motley Fool, run the popular “Rule Your Retirement” service, and contribute to the Motley Fool Money podcast.
Robert has been helping people reach their retirement goals for decades, and today, he’s here to help you do the same. This money masterclass will go through all aspects of retirement planning, from 401(k) contributions to individual stock vs. index fund investing, when annuities and bonds make sense for your portfolio, the future of social security, and why you may want to start spending MORE money before you retire.
In This Episode We Cover
Retirement planning 101 and how to get on track even if you haven’t started investing
The good, bad, and ugly 401(k)s and how to know which one YOUR company has
Individual stock investing vs. index funds for a faster-growing retirement portfolio
Inflation-adjusted investments, annuities, and when buying bonds makes sense
The BIGGEST regret retirees have once they’re able to leave work
The EXACT portfolio Mindy and Scott would build for an ample retirement
And So Much More!
Links from the Show
BiggerPockets Money Facebook Group
Finance Review Guest Onboarding
Grab Scott’s Book, “Set for Life”
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Apply to Be a Guest on The Money Show
FIRE by 50: How to Have FUN on Your Journey Toward Early Retirement by Mark Trautman
Learn More from Robert
Extraordinary Popular Delusions and The Madness of Crowds
J.P. Morgan’s Guide to Retirement
Click here to check the full show notes: https://www.biggerpockets.com/blog/money-466
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