2.4 • 606 Ratings
🗓️ 17 March 2020
⏱️ 39 minutes
🧾️ Download transcript
Today, Peter Lazaroff is sharing the 10 things you should be doing right now if you're a decade from retirement.
Get this...
Only 10% of people are confident they have enough saved for retirement, according to CNBC.
Even more, 41% said they hadn’t taken any steps to address their savings concerns.
If retirement is on the horizon and you need an action plan to boost your confidence, Peter is breaking it all down for you today in plain English.
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0:00.0 | The Roth is like retirement account gold. |
0:02.3 | If it costs you nothing to get assets into that bucket, you should try to do it. |
0:06.1 | The thing is, it always costs you after tax dollars. |
0:09.0 | And so, you know, trying to stay below certain thresholds is important. |
0:12.6 | But once you do have the Roth account, this is probably going to be the last bucket that you tap in retirement. |
0:17.7 | And so you should have your highest growth assets there. |
0:22.6 | Welcome to the Stay Wealthy podcast. I'm your host, Taylor Schulte. And today I'm joined by my |
0:27.0 | good friend Peter Lazeroff. You might remember Peter from episode 43 way back in April of last |
0:34.2 | year. Well, Peter's episode from last year still remains the most downloaded episode |
0:39.8 | to date on this podcast. So I invited him back for round two. And today, we're talking about the |
0:45.3 | 10 things you should be doing right now if you're within 10 years of retirement. Peter has all |
0:51.6 | sorts of unique action items and free resources and downloads. |
0:55.5 | So be sure to check out the show notes and get everything by going to you staywealthy.com |
1:00.2 | forward slash 65. |
1:06.6 | So really quick, before we dive into the main topic for today, on the last episode of this podcast, |
1:12.1 | my guest and I talked a lot about renting versus buying. And as you know, it's a pretty |
1:16.8 | controversial topic. I'd always trigger some people. And I know you've personally spent a lot |
1:21.2 | of time exploring it for yourself and your clients. So I thought I'd just kick it off there. |
1:25.6 | I would just love to hear your approach and |
1:27.5 | philosophy to rent versus buy. And if you think that there's one that's better than the other. |
1:32.5 | So I think that the decision to rent versus buy is going to vary based on who you are, |
1:38.8 | where you are in life, and literally where you live. Because the equation is a lot different |
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