Rogue Retirement Lounge with Matt Franklin: Entrepreneur, Investor, Bitcoin Enthusiast

If you heard last week's retirement news episode, you might have heard that Dave Ramsey prohibits his followers from investing in ETFs. But yet they're perfectly welcome to buy mutual funds. In today's episode I'm breaking down the similarities and differences between the two vehicles to reveal why Dave's advice is asinine.

Also, some people will tell you it's better to rent than to own in retirement. While this is a personal decision everyone has to make, I share some numbers that might challenge conventional wisdom.

And I talk about a dumb article Trulia produced five years ago, which contends that if you're not worried about leaving your home to your kids when you kick the bucket, it's better to rent.

Here's a link to the article: https://www.trulia.com/research/rentvsbuy_retirees_spring16/

If you see a dumb article or if you hear some bad retirement advice, email me at [email protected] so I can share it on the show.

Be sure to check out my retirement planning podcast website at https://www.rogueretirementlounge.com

Oh my! We cover a lot today, so light up, take a walk, grab a beer or do whatever you do. Let's learn some shite!

Check out https://www.instagram.com/portlandlookslikeshit/ and watch how my city is swirling the bowl...

Dig this article on Coinbase versus Blockfi.

Get on the waiting list for the Blockfi credit card! Amp up your retirement with crypto, yo!

How about joining my mailing list? Just go to my retirement podcast website to join up at https://www.rogueretirementlounge.com

Questions? Email me at [email protected]

Today I have the honor of interviewing Susan Latremoille. She helps people plan the non-financial aspects of retirement: Physical, mental, social and emotional.

This is important stuff and anyone planning their retirement should be thinking about these factors well before they quit their job or exit their business.

Susan is a Family Enterprise Advisor, FEA, (Family Enterprise Exchange), and holds an Executive MBA. Susan is a former board member of Richardson Financial Group and holds her ICD.D designation (Institute of Corporate Directors). Susan is a certified Retirement Coach (CRC). She is the author of The RichLife – Managing Wealth and Purpose, It’s Not Just about the Money – The Whole Life Approach to Wealth Management, co-author of On the Shoulders of Atlas- a Story about Transitioning a Family Owned Business and co-author – Thriving Throughout Your Retirement Transition.

Take Susan's SuccessFinder assessment at www.successdna.ca

Learn more about Next Chapter Lifestyle Advisors at : www.nextchapterlifestyleadvisors.com

Also, be sure to check out the Rogue Retirement Lounge Podcast website at https://www.rogueretirementlounge.com

And if you have questions about any topic, from pop culture to world geography, email me at [email protected]

Hey there!

This week we've got a quick look at the Northwestern Mutual Planning & Progress Study.

Check out the full document from Northwestern Mutual here

I also give you a quick update on my progress in the Anthony Pompliano Crypto Academy. Good times!!

Also, how has COVID shown YOUR readiness for retirement? I'd give myself about a C- grade on my reaction to the pandemic...

And is your Roth gonna get taxed? Check out this Forbes article about how Peter Thiel's $5 Billion Roth is attracting the attention of haters...

Check out my retirement planning podcast website at https://www.rogueretirementlounge.com

Got retirement questions you'd like me to answer on my podcast? Write me at [email protected]

Today I'm having a quick chat about this new global corporate tax plan the G20 is working on.

Here's the NY Times article: https://www.nytimes.com/2021/07/10/us/politics/global-tax-overhaul-g20.html

And here's the Early Retirement website I like to lurk in: https://www.early-retirement.org/

Here's the Pompliano Crypto Course: https://www.pompscryptocourse.com/ (I'm not an affiliate - I don't get a kick back from Anthony if you join the class)

And remember, if you want to earn up to 100,000 Marriott Bonvoy points while helping me earn a few bonus points in the process, just click here and sign up for the Marriott Chase Visa!

Comin' atcha straight from DETROIT ROCK CITY! Short episode today, as I gotta go see more of this interesting town.

Here's the Detroit News article on the life expectancies by neighborhood:

https://www.detroitnews.com/story/news/local/michigan/2018/12/18/life-expectancy-michigan-neighborhoods/2305048002/

Here's the Bankrate Best and Worst States for Retirement:

https://www.bankrate.com/retirement/best-and-worst-states-for-retirement/

Here's the CNBC Social Security Quiz:

https://www.cnbc.com/2021/07/04/claiming-social-security-take-this-quiz-to-see-how-much-you-know.html

And here's the page where you can click and sign up for the Marriott Bonvoy Rewards Visa:

https://www.rogueretirementlounge.com/blog/points/

Remember, if you click the link on that page, I'll get bonus points when you join. You'll get up to 100,000 points and I'll get a bonus. How awesome is that???? Or you can just click here and go strait to the sign-up page.

Be sure to check out the retirement planning podcast website at https://www.rogueretirementlounge.com

And if you have questions, feel free to email me at [email protected]

If you don't have an HSA yet, please give this episode a listen. If you do have an HSA, you still might learn a thing or two. For instance, did you know you can roll over money from your IRA into your HSA?

Here's the RBC Wealth Management "Taking Control of Health Care in Retirement" report.

Here's a list of 7 HSA custodians that offer investment options.

Here's the Investopedia article about IRA-to-HSA transfers.

Here's a link to the Marriott Bonvoy Rewards card that'll give you excellent travel rewards, (and up to 3 free nights just for joining) while giving me, your loving host, some bonus points.

Email me at [email protected] if you have any questions.

And check out my retirement planning podcast website at rogueretirementlounge.com.

Happy Independence Day weekend (to my friends here in the States).

Today we're gonna briefly talk about financial and retirement-related education for women, and a terrible article I read in Kiplinger's.

I mention the Bigger Pockets Money Podcast, which you can find here: https://podcasts.apple.com/us/podcast/biggerpockets-money-podcast/id1330225136

Here's a link to the blockchain demo I discuss. You're gonna LOVE this: https://www.youtube.com/watch?v=_160oMzblY8

Modern Finance, a podcast we all should be listening to: https://podcasts.apple.com/us/podcast/modern-finance/id1338620184

The pandemic retirement savings survey: https://www.magnifymoney.com/blog/news/pandemic-impact-on-retirement-survey/

And last but not least, if you want to support this podcast, it's as simple as signing up for a Marriott Bonvoy Rewards credit card through the links on the Rogue Retirement Blog. If you sign up for the card using one of the links on that page, we'll both get great bonuses!

For more retirement planning podcast episodes, check out the Rogue Retirement Lounge website.

And as always, feel free to email me at [email protected] if you have any questions.

Today I'm going through some of the highlights of the 2021 version of the Guide to Retirement, from JP Morgan Asset Management. According to the nice folks at JP Morgan,"Updated annually, the Guide to Retirement provides an effective framework for supporting advisor retirement planning conversations with clients. It includes charts and graphs to help explain complex topics in a clear and concise manner."

According to Katherine Roy, Chief Retirement Strategist, J.P. Morgan Asset Management, “Our 2021 Guide to Retirement considers a number of timely themes impacting those planning for retirement, such as managing lower expected returns for those closer to retirement, the importance of diversified investing, and tax management strategies.”

It's a 50+ slide PowerPoint deck and if you're not a complete retirement nerd, it's a big pile of eye-crossing charts and graphs. But there is some good information. And today I go through some of the highlights and how some of the data might affect you and your retirement plan. So join me, won't you?

And if you want to download a copy for yourself, here's a link:

https://am.jpmorgan.com/us/en/asset-management/adv/insights/retirement-insights/guide-to-retirement/

Do you have retirement planning questions? Stop by the Rogue Retirement Lounge website.

Or send me an email at [email protected]

Wanna support this podcast? Sign up for the Marriott Bonvoy Rewards Visa card! You'll earn kickass hotel points for your next vacation, and I, your host, will receive a fat stack of bonus Marriott points. Talk about a WIN-WIN!! Click here to make my whole week!

Today's episode is a deep-dive into the solo 401(k), which is a 'secret weapon' for solopreneurs. Did you know you can buy cryptocurrencies, gold, real estate, or even a race horse with a solo 401(k)???

Log onto E*Trade and try to buy investment real estate within your IRA. You can't do it. And that's why you need a solo 401(k). Not to mention, the SUPER-HIGH contribution limits.

Jordan Sheppherd has helped hundreds of people set up solo 401(k) plans. He's an expert in this stuff and he's a really cool dude.

Self-direction is an amazing opportunity that I believe all self-employed people should take advantage of. But don't take my word for it; check out this episode and find out for yourself.

Learn more about Jordan's services at www.checkbookira.com.

Disclosure: I hired Jordan to set up my solo 401(k) a few years back, and it was the single most important decision I've made in my retirement planning process.

Hey, do you have a question about retirement planning you'd like me to answer on a future episode? Email me at [email protected] or visit my retirement planning podcast website and click the red "Send Matt a Voicemail" button on the side and ask a question there.

Also, if you can leave me a review for this podcast on whatever platform you use, I'll be your best friend!