If you're self-employed and you want to learn about retirement planning and investing, this podcast is for you. **THIS IS NOT YOUR AVERAGE, BORING RETIREMENT PODCAST** The Rogue Retirement Lounge covers investing basics, real estate, self-directed IRAs, retiring abroad, and much more. We talk about how to find cash-flowing assets that can beat stock market returns with less risk. We also cover tax-reduction strategies, asset protection, macroeconomics and other financial goodness, along with other info you need to know as you approach retirement, including social security, medicare, travel, health, longevity and more. Learn more at https://rogueretirementlounge.com
https://www.rogueretirementlounge.com
episode 28: Mutual Funds vs. ETFs - What Dave Ramsey Doesn't Want You To Know. Renting vs. Owning For Retirees - What's Best For YOU?
If you heard last week's retirement news episode, you might have heard that Dave Ramsey prohibits his followers from investing in ETFs. But yet they're perfectly welcome to buy mutual funds. In today's episode I'm breaking down the similarities and differences between the two vehicles to reveal why Dave's advice is asinine.
Also, some people will tell you it's better to rent than to own in retirement. While this is a personal decision everyone has to make, I share some numbers that might challenge conventional wisdom.
And I talk about a dumb article Trulia produced five years ago, which contends that if you're not worried about leaving your home to your kids when you kick the bucket, it's better to rent.
Here's a link to the article: https://www.trulia.com/research/rentvsbuy_retirees_spring16/
If you see a dumb article or if you hear some bad retirement advice, email me at matt@rogueretirementlounge.com so I can share it on the show.
Be sure to check out my retirement planning podcast website at https://www.rogueretirementlounge.com