Pension Time Bombs: Part 4 - The Cure to the Pension Crisis

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

The Rich Dad Company

Entrepreneurship, Business, Investing

4.1 • 3.9K Ratings

🗓️ 15 April 2020

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

As if the coronavirus hasn't caused enough damage, it also has investors feeling like they've been punched in the gut financially. Falling stock prices and interest rates have created a problem for both DB and DC pensions plans. The unfortunate thing about the coronavirus hitting at a time when most pensions are already underfunded, it almost certainly, will likely lead to more pension cuts as trouble grows in the economy.
So the question that Robert Kiyosaki and his guests will be answering is, "What can I do?"
In today's episode of the "5 Pension Time Bombs" series, Rich Dad Advisor Ken McElroy, explains how investing in a cash-flowing asset, like real estate, can provide not only tax-free wealth but also a real nest-egg for retirement no matter which way the stock market goes—up, down, or sideways.
Listen as host Robert Kiyosaki and guests Ken McElroy and Ted Siedle discuss how financial education can lead to financial freedom even during uncertain times.
For richdad.com
Ken McElroy Instagram: @kenmcelroyofficial
Ken McElroy Website: www.kenmcelroy.com
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Transcript

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0:00.0	Don't Be Like Charlie.
0:03.0	Charlie is that do it yourself or who does himself in.
0:06.6	Do it yourself is good for tile and grout.
0:09.2	It is not good for asset protection.
0:11.8	Charlie thought he'd save a few dollars forming his LLC online.
0:15.8	With no guidance, he did it wrong.
0:18.0	When he sold the property, he lost thousands and thousands of dollars.
0:21.8	He did himself in by trying to do it himself.
0:24.9	Don't burn yourself.
0:26.5	His corporate direct to set up and maintain your LLCs and corporations.
0:31.3	Corporate direct is owned and operated by attorney and rich dad advisor Garrett Sutton.
0:36.4	Garrett wrote the best seller's loopholes of real estate and start your own corporation.
0:41.0	He is Robert Kiyosaki's attorney for asset protection.
0:44.4	He and his team will do it right.
0:46.6	Visit them at corporatedirect.com or call 800-600-1760.
0:52.1	Watch and Rich Dad and receive $100 off your formation fee.
0:56.0	That's corporatedirect.com.
0:58.2	Corporatedirect.com
1:00.2	Because study is better with play.
1:02.8	Samsung Galaxy TAB S7 FE.
1:05.2	Ready to make the most of your school year?
1:07.1	The ultra-large screen gets you closer to the action, whether you're studying, streaming
	...

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