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Money Guy Show

Here Are The Best Retirement Plans for the Self-Employed!

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 8 February 2019

⏱️ 26 minutes

🧾️ Download transcript

Summary

Are you self-employed or have a side hustle? Then this episode is for you! What are your options for retirement planning as a self-employed person? What are the pros and cons of each option? You want to make the correct decision for your short and long term goals to achieve financial independence.

We love that you guys are out there, whether you are self-employed or hustling on the side, working so hard to create more income to achieve your goals and dreams. You should let your money work just as hard for you by making sure you are taking advantage of the correct retirement plan. Tune in this week to learn about the different retirement savings strategies that you have as a self-employed person.

For more details, please visit the show notes on our website: https://www.moneyguy.com/2019/02/retirement-plans-for-the-self-employed/

Transcript

Click on a timestamp to play from that location

0:00.0

Retirement savings for the hustle.

0:02.5

Make it that money work.

0:04.6

Work.

0:06.1

It's Brian Preston, the money guy, restoring order to your financial chaos.

0:13.1

Retirement, investing, taxing.

0:16.0

You've got financial questions.

0:17.5

He's got financial answers.

0:19.5

It's Brian Preston, the money guy.

0:23.1

So one thing I think is beautiful.

0:24.1

If you're just listening to this out there in audio world work and you don't actually

0:28.8

watch the shows, we've had a lot of people in our live streams talk about how every

0:33.4

time Brian does the intro, he always throws his hands up like he's about to drop a crazy

0:38.1

rap and I'm like, and that was just maybe one of the best.

0:43.2

But you know what, we're talking about hustling so I think that makes perfect sense

0:46.1

for what we're going to talk about today.

0:47.6

So here's the vision I want everybody to have.

0:49.8

I know anybody who either can be, you started this is that this is going to be your full-time

0:56.4

position or your person says, I need to make some extra money and you got this side hustle.

1:02.4

You go at one point you go realize I'm making money and I like making money and I don't

1:10.6

want to share it completely with the government.

1:12.7

That's fair enough.

1:13.7

Plus I'd like to have some money for the future.

...

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