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 CoverRetirement planning 101 and how to get on track even if you haven’t started investingThe good, bad, and ugly 401(k)s and how to know which one YOUR company hasIndividual stock investing vs. index funds for a faster-growing retirement portfolioInflation-adjusted investments, annuities, and when buying bonds makes senseThe BIGGEST regret retirees have once they’re able to leave workThe EXACT portfolio Mindy and Scott would build for an ample retirementAnd So Much More!Links from the ShowBiggerPockets Money Facebook GroupBiggerPockets ForumsFinance Review Guest OnboardingJoin BiggerPockets for FREEScott's InstagramMindy on BiggerPocketsGrab Scott’s Book, “Set for Life”Listen to All Your Favorite BiggerPockets Podcasts in One PlaceApply to Be a Guest on The Money ShowPodcast Talent Search!Money MomentBill Bengen (4% Rule)FIRE by 50: How to Have FUN on Your Journey Toward Early Retirement by Mark TrautmanLearn More from RobertThe Motley FoolThe Motley Fool Money PodcastRule Your RetirementExtraordinary Popular Delusions and The Madness of CrowdsImmediate AnnuitiesJ.P. Morgan’s Guide to RetirementOpen Social SecurityRetirement Planning ModuleTIPS WatchTreasuryDirectClick here to check the full show notes: https://www.biggerpockets.com/blog/money-466 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related