Should I Invest My Future Down-Payment Money?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 29 June 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, |
| 0:07.0 | investing, taxing. |
| 0:09.0 | You've got financial questions. |
| 0:10.6 | He's got financial answers. |
| 0:12.6 | It's Brian Preston, the money guy. |
| 0:16.4 | This next one, Brian, is really interesting that I don't think we've covered a ton, but |
| 0:19.7 | I think this will be kind of valuable for us to go over. |
| 0:22.6 | This is from General Aviation Guru. |
| 0:27.4 | That does a retirement stress test consist of, what should we expect to be asked or ask |
| 0:32.9 | of a fiduciary and verifying our plans and their strategies suitability? |
| 0:39.6 | Well, this is really an interesting question, and it's really hard to answer in a specific |
| 0:43.6 | level, but I tell you one of the things that we do as financial advisors for our clients |
| 0:48.8 | is we ask really good questions. |
| 0:50.5 | So a client will come to us and say, hey, I want to retire at 65. |
| 0:54.7 | Can I do it? |
| 0:55.7 | And we're like, that's a great goal. |
| 0:57.7 | We love that. |
| 0:58.7 | That's awesome. |
| 0:59.7 | Talk to us a little bit about what that means to you. |
| 1:01.1 | Like, what does retire mean? |
| 1:02.6 | Does that mean like, I'm going to go do projects from the house? |
| 1:05.6 | Does that mean I want to travel to a different country every month? |
... |
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