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WSJ Your Money Briefing

Why Some Americans Invest in Real Estate as Their Retirement Plan

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 1 July 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

While many people draw from their 401(k) funds in retirement, others see real-estate investing as a less volatile method to build savings. WSJ personal-finance reporter Veronica Dagher joins host J.R. Whalen to discuss. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Scarlet Johanson. My family relied on public assistance to help provide meals for us.

0:04.6

These meals help fuel my love for acting. When people are fed, futures are nourished.

0:08.9

Join the movement to end hunger at Feeding America.org

0:11.9

slash Act Now. Brought to you by Feeding America.org slash Act Now.

0:13.0

Brought to you by Feeding America and the Ad Council.

0:18.0

Here's your money briefing for Monday July 1st.

0:20.0

I'm J.R. W Wayland for the Wall Street Journal.

0:25.8

Millions of Americans tap into their 401k savings to fund their retirement.

0:30.4

But for others, investing in real estate is their retirement plan.

0:35.0

Some retirees say they like building a nest egg that is a bit more concrete,

0:40.0

that they can knock the walls and open the doors and look at the kitchen and they might find

0:46.2

that the stock market is a bit too volatile and they see that the real estate it seems more steady.

0:52.1

We'll talk to Wall Street Journal personal finance

0:54.2

reporter Veronica Dagger after the break. I'm Scarlett Johanson.

1:08.3

I'm Scarlett Johanson.

1:09.6

My family relied on public assistance

1:11.4

to help provide meals for us.

1:12.8

These meals help fuel my love for acting.

1:14.9

When people are fed, futures are nourished.

1:17.2

Join the movement to end hunger at Feeding America.org

1:20.1

slash Act Now.

1:21.2

Brought to you by Feeding America and the ad council.

...

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