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Your Money, Your Wealth

FIRE & The Retirement Manifesto: What Will You Do With Your Free Time? - 137

Your Money, Your Wealth

Your Money, Your Wealth

Realestate, Income, Investing, Personalfinance, 401k, Rothconversion, Retirement, Education, Taxes, Socialsecurity, Personalfinances, Finance, Retirementplanning, Investments, Stocks, Business, Roth, Fiduciary, Ira

2.3681 Ratings

🗓️ 23 October 2017

⏱️ 65 minutes

🧾️ Download transcript

Summary

Fritz Gilbert, blogger at TheRetirementManifesto.com, one of the fastest growing financial blogs on the internet, talks about the Financial Independence / Retire Early or FIRE movement, and how to make the most of your retirement. Also, three tax tricks just for retirees and more on the Trump Administration’s proposed tax reform. Plus, Joe and Big Al answer calls and emails on donor advised funds, day-trading, and risk tolerance vs risk capacity.

Transcript

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0:00.0

I just find it very depressing. If somebody retires, and, you know, two years later, they're back in

0:04.9

the industry working for somebody else because they get calls and people, you know, they say,

0:08.5

oh, your phone's going to ring off the hook when you retire. It happens to everybody. And,

0:11.7

you know, how sad is that the people can't find something better to do than work? You know,

0:15.6

when you don't have to work anymore for money, shame on us if we can't find something more fulfilling to do than work,

0:21.6

you know? I mean, to me that's just sad. That's Fritz Gilbert, blogger at the Retirement Manifesto.com,

0:26.8

one of the fastest growing financial blogs on the internet. Today on your money, your wealth,

0:31.4

he talks about the financial independence retire early or fire movement and how to make the most

0:36.1

of your retirement. Also, three tax tricks just for retirees and more on the Trump administration's proposed tax

0:41.9

reform. Let's hope you can still use those three tax tricks. Plus, Joel, I mean Joe and Big Al,

0:47.3

answer your calls and emails on donor advised funds and day trading. And Joel, I mean, Joe,

0:52.5

goes off on the differences between risk tolerance and

0:55.1

risk capacity in response to an email asking about moving a 401k. All because Juan didn't say hi, Joe.

1:01.5

I mean, Joel. No, wait. Anyway, here are Joe. Yes, Joe, Anderson, CFP, and Big Alclopine CPA.

1:09.0

Alan, we were on Jordan Goodman's show.

1:11.8

Yeah, that was fun.

1:12.8

He had us on for an entire hour.

1:14.7

I felt honored.

1:15.5

Did you really?

1:16.1

Yes, very honored.

1:17.2

Those questions he was asking you?

1:19.0

So how's that going to affect the economy?

...

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