"Should I Put 100K Into Real Estate or Index Funds?"
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 22 January 2024
⏱️ 36 minutes
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Summary
Transcript
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| 0:00.0 | The Faster 26.26.2 has a question for you. |
| 0:07.0 | Apparently his real name is Brian though. |
| 0:13.7 | He says fellow Brian here. |
| 0:15.9 | So, hi Brian. |
| 0:16.9 | Hmm? |
| 0:17.9 | With a Y. |
| 0:18.9 | Different kind of Brian. |
| 0:21.3 | Anyway, he says, Wife and I are debt free, plus our home, and are looking to retire early in 15 years. |
| 0:30.6 | Are there any options besides a high-yield savings account to bridge between ages 52 to 59 and a half? |
| 0:39.0 | Yes. |
| 0:42.0 | I mean, that's kind of a loaded question. I want to, you know, because, by what, you can get to retirement accounts if you annuitize them. |
| 0:50.0 | There are options, there are, and certainly between 52 and 59 and a half. |
| 0:54.3 | I mean, even if you work for a normal employer |
| 0:57.3 | and you have a 401k, but you retire in the year that you turn 55, |
| 1:02.0 | you can still access those dollars. here's what I think his question really is or this is where I think the question really is coming in |
| 1:08.6 | I have my money a high-yield savings account is that really the only option or is there something else |
| 1:12.8 | I'll be doing to build a bridge account I think that's really the crux of it like I just |
| 1:17.3 | my money sitting in cash it seems like I'm wasting it I'm not I'm not letting it do |
| 1:22.0 | anything for me might there be something else if retirement |
| 1:25.4 | 15 years away but it's going to be before I hit 55 or 59 a half where should I |
| 1:29.8 | park some dollars to go to work for me I mean I feel like we haven't done it enough in this Q&A session, |
| 1:34.4 | so I'll use this as the opportunity to talk about the financial order of operations. |
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