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Money Guy Show

"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

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

4.62.8K Ratings

🗓️ 22 January 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

Let's talk investments! Should you put a lump sum of money into real estate or index funds?

We'll walk you through that question and more in today's Q&A episode!

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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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