How to Invest TODAY and Avoid Running Out of Money in Retirement

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  • Опубликовано: 7 сен 2024
  • Episode #432
    Terrified of running out of money in retirement? Countless people share the same fear. With so much recent discourse surrounding inflation and a looming recession, you may have a tighter grip on your money than usual. Today’s guest is here to help cool some of your concerns.
    In this episode of the "BiggerPockets Money" podcast, we’re joined by David Stein from "Money for the Rest of Us," who believes there are reasons to be optimistic about the economy and even more reasons to stay on the straight and narrow when it comes to investing. If you’re easily overwhelmed by the thought of investing or choosing the right asset classes, David’s message is clear: investing doesn’t need to be difficult. There are plenty of tools the average person can use to invest, grow their nest egg, and have enough money for retirement. Don’t let fear stop you from putting your money to work!
    Whether you’re a novice or long-time investor, you’re in for a treat with today’s episode. Tune in as David addresses several issues-including the current state of the economy, whether we should brace for a recession, and the markets he’s investing in. He also talks about the benefit of steering clear of individual stocks in lieu of ETFs and index funds, as well as when it might be smart to buy an immediate annuity!
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Комментарии • 15

  • @earlyretirement1459
    @earlyretirement1459 Год назад +5

    Great episode. I would only add that immediate annuities are not inflation protected, so there is inflation risk involved in the product.

  • @ryanbaileyboxing
    @ryanbaileyboxing Год назад +3

    My favorite finance channels:
    Mondays: Earn your leisure market Mondays
    Tuesdays: Wallstreet looks like us now network, Reppond Investments
    Wednesday: Reppond investments
    Also, melanin money podcast and peter Schiff show, wealthion, Joseph Carlson
    For crypto: Ivan on tech, crypto banter, cryptosrus
    Make my week complete!

  • @dennispabonita8633
    @dennispabonita8633 Год назад +1

    It was a wonderful information, I’ve learned quite a lot and every time of your pod cast. thanks a lot . God Bless you guys

  • @suzannemarieclinton1635
    @suzannemarieclinton1635 Год назад +1

    Growth stocks gel with long-term investing which is what he started talking about. But then he plays down the benefit of investing much even long-term(?) in innovative stocks. Yet these stocks are what makes you the big money. He is playing it safe which is what one does near to or after retirement.

  • @serialmigrant
    @serialmigrant Год назад +1

    My euro etfs and canadian dividend etfs outpaced the US stock

  • @lernmahkee3268
    @lernmahkee3268 Год назад

    I’m not old listener lol

  • @y.h8383
    @y.h8383 Год назад +2

    Didn’t enjoy this podcast. When I come to this channel, i hope the guest will be more open and hope to learn something new. This guest just talking same fluff that we hear on other channels every day

  • @Maliksamuels33
    @Maliksamuels33 Год назад +2

    This guest very clearly did not understand the 4% rule and spoke in sweeping, grossly irresponsible generalities.
    I expect better from this podcast and I expect Mindy & Scott to actually push back when guests are spewing nonsense.

  • @randolphduke3171
    @randolphduke3171 Год назад

    T-bills are great too, of course

  • @randolphduke3171
    @randolphduke3171 Год назад +3

    Someone needs to tell this guy about online banks like Ally, or tell him about the interest rate Robin Hood and Apple are paying now