Welcome to Radical Personal Finance to Show dedicated to providing you with the knowledge, skills, insight, and encouragement you need, live a rich and meaningful life now, while building your plan for financial freedom in 10 years or less.

Today we continue our Asset protection planning series wherein I try to equip

you to arm you with some knowledge of the tools that are available to you to help protect

your nest egg, to protect your fortune.

After all, if you're going to do the hard work of piling up thousands, hundreds of thousands of

dollars, millions of dollars of assets, you also need to be equipped of how to protect those assets.

And so we are working our way through this asset protection planning series.

For context, we are in the middle of talking about exemption planning. We've talked about some of the different ways that the types

of attacks that you can face, some of the different risks that you face. We've talked a little bit

about asset protection broadly, and we're jumping into what I consider to be the most practical and the lowest hanging fruit in asset protection planning which is exemption planning.

It's not necessarily the best asset protection planning. It's not necessarily the best asset protection planning. It's not necessarily the most

comprehensive. It may not even be the right place to start, but it is the lowest hanging

fruit for the most numbers of people.

So in episode six hundred and six, which was part five of the series,

we talked about homestead exemption planning.

I explained to you the rules relating the protection of your personal homestead where you live

from the claims of your creditors and the challenge with homestead planning is it's very

state dependent there are some states that are wonderful for homestead planning. There's some

states that are horrible for homestead planning. Here's the good news. Today's topic,

retirement account exemption planning is going to be the most broadly applicable

exemption planning that you can engage in and that's because retirement

protections specifically the protections for your retirement accounts

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