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What's the Best Way to Fund a Remodel During Retirement?

What's the Best Way to Fund a Remodel During Retirement?

FromReady For Retirement


What's the Best Way to Fund a Remodel During Retirement?

FromReady For Retirement

ratings:
Length:
32 minutes
Released:
Aug 15, 2023
Format:
Podcast episode

Description

If you’re retired, you can’t wait around for the next bonus or stock to vest when you have a large expense. When you’re on a fixed income it’s more important than ever to find the best way to pull funds for large expenses. In today’s episode, James explains how to find the best way to pay for large expenses in retirement while answering a listener’s question.Questions Answered: Should you use IRAs (or other assets), cash, or finance to pay for large expenses with today’s high-interest rates?What considerations should you take into account when planning for a big expense in retirement?Timestamps:0:00 Intro3:48 Cashflow 8:46 Taxes10:52 Timing13:14 Example20:58 Investment27:04 Legacy30:32 OutroCreate Your Custom Strategy ⬇️ Get Started Here.
Released:
Aug 15, 2023
Format:
Podcast episode

Titles in the series (100)

Ready For Retirement is the podcast dedicated to helping you learn the tips and strategies that will help you achieve your retirement goals. When it comes to retirement planning, it can quickly become overwhelming and easy to not take action. I designed this podcast because I want you to have the knowledge and confidence to create your secure retirement. My ultimate goal for all of my clients (and listeners) is to create peace of mind and that starts with having a strategy. I want you to spend more time thinking about what matters most to you in retirement. I post weekly episodes to keep you up-to-date on all the best tips and strategies to create a retirement that excites you. Everything from investing tips, tax planning, withdrawal strategies, insurance planning, Social Security, and that's just the start! Let's help you maximize your return on life. We use your money and the strategies I share in this podcast to do just that!