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Stay Wealthy Retirement Podcast

Listener Q&A: Early Retirement Pitfalls, Best Index Funds to Invest In, and More!

Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®

Financialplanning, Retirement, Money, Taxplanning, Stocks, Wealth, Business, Investing, Retirementplanning

2.4606 Ratings

🗓️ 30 August 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

In this episode, we're answering listener questions!

Specifically, guest host Jeremy Schneider is answering questions like:

  • What are the best index funds to invest in
  • How do you access retirement money early
  • What are the little-known pitfalls of early retirement

Jeremy also shares important tips on transferring money from old investment accounts. 

If you want to get answers to these great questions (and hear from a surprise guest who snuck their way in!), this episode is for you. 

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EPISODE RESOURCES:

👉  Follow Jeremy Schneider on Instagram

✏️  Grab the Episode Show Notes

📘  Check Out My New Book: More Than Money

📊  Get Your Free Retirement and Tax Analysis

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Stay Wealthy podcast with Taylor Schulte.

0:07.8

I'm your guest host, Jeremy Schneider, filling in for Taylor for the month of August.

0:12.7

Today we're opening up the mailbag.

0:14.8

I'll be answering some interesting and popular questions from fans and friends of the show.

0:20.3

Specifically, I'm answering questions about

0:22.1

which index funds to invest in, how to transfer money from an old account, how to access

0:28.4

retirement money early, the pitfalls of early retirement, and more if you'd like to hear from

0:34.5

some other stay wealthy listeners. today's episode is for you.

0:38.6

For all the links and resources mentioned in today's episode, head over to you staywealthy.com

0:44.3

slash 197.

0:49.7

If you are missing Taylor, I have great news.

0:52.2

This is my last episode of the four that I'm covering for him this summer.

0:56.3

He will be back next week.

0:58.2

But until then, let's get into the show.

1:00.3

Our first question this week is from Supraja from Atlanta.

1:05.5

Hi, Jeremy.

1:06.6

This is Supraja here.

1:08.0

I've been following for a while now.

1:12.2

And I have a question.

1:15.5

I have just started investing in index funds.

1:23.3

But I'm confused on what index funds to choose because most of them underperform the SMP 500.

1:32.1

So should I just put my money in SNP 500 or should I go with a recommended index fund that you have?

...

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