Joe when you were a financial advisor did people ever ask you about taking money out of a retirement plan in order to buy a home?

This was one of the biggest

most often asked questions I received. I would go speak at companies Paula. It wasn't always just for a home it was to buy a car to fund my vacation to do whatever because I pay myself back with interest right? What could go wrong?

Hmm. Well, we're going to tackle that question at the end of today's episode.

Oh.

Welcome to the Afford Anything Podcast, the show that understands that you can can afford anything but not everything.

Every choice that you make carries a trade-off.

So if you're putting money towards retirement, then you are necessarily not putting that money

towards other goals. or are you? Is there a way to do

both? This is a show that's really all about allocating your limited resources,

making decisions about trade-offs, embracing opportunity, understanding that there are

opportunity costs, and being deliberate about what you're willing to swap out in order to

live your best life. My name is Paula Pant. I trained

in Economic Reporting at Columbia and I am the host of the show. Every other

episode we answer questions from you and my buddy the former

financial planner Joe Saul C. High joins me. What's up Joe?

I am super happy to be here. How are you Paula? I'm great. I'm fantastic. I'm looking forward to the

questions that we're going to answer today because before we get to the question that we've just

discussed, we are going to hear from two other callers. One is someone who wants to buy a vacation home but can't seem to make the numbers work.

And the other is from someone who I think is a similar question to what's on

everyone's mind right now which is wait a minute why are only my US stocks doing well and why are only large caps doing well and what

should I be doing in my investment portfolio given the way that the markets are

...