When you stop working, you've put aside some money into different types of accounts, and maybe you have a pension, or some rental property, or other investments. How do you start converting those assets into an income stream that will last for the rest of your life?
Brandon Renfro, Ph.D., joins Devin on a discussion about:
For more details, visit the show notes at https://www.bigpictureretirement.net/091
There are a few areas within Social Security that you could mess up without even meaning to do things wrong.
One of my most trusted mentors has often told me, "Big doors swing on little hinges."
I've found that to be applicable to many things in life and it's certainly true in retirement planning. The small decisions you make, when stretched over long periods, can have big consequences.
Here are the 5 Social Security mistakes that can cost you dearly when you retire.
There's more to learn at http://www.bigpictureretirement.net/090
Did you know you could buy a horse as an investment in your IRA? What about real estate and other assets?
Kirk Chisholm, of Innovative Advisory Group, joins us to explain how self-directed IRAs work. They a tricky thing, so you need to understand the rules before taking any action.
You will learn what a Disqualified Person is, the rules behind handling real estate in an IRA, and what other things you can find in a self-directed IRA.
For more information, visit the show notes at http://www.bigpictureretirement.net/089
What’s the big deal about cryptocurrencies? And is it too late to get in now?
Joe Saul-Sehy from Stacking Benjamins joins us to talk about what cryptocurrencies are and what we should be looking out for in the future of Bitcoin.
One of the benefits Joe shares is, “It is a way to get governments out of transactions, and also a way to make transactions happen faster.” It’s sort of like moving money into the currency of a different country, except that it isn’t (so far) regulated by the government, and transfers can happen super-fast.
Is this a currency, or is this an investment? Listen to learn more.
For more information, visit the show notes at https://www.bigpictureretirement.net/088