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EPISODE · Mar 17, 2021 · 30 MIN
091 - [Guest Interview] How to Invest for Retirement If You Might Not Retire in the US
from Real Personal Finance · host Scott Frank and James Conole
Listener Question How do immigrants should strategize investing when there is a real possibility of going back to home country because of work visa denial? Should we continue to invest in the states or invest offshore where we would retire? Thank you. I have been living in the United States for 11 plus years now. Because I am an immigrant, I did not invest in 401k until 2015. But again, I was just contributing 6% to get employer match. I started my financial independence journey a year back. I maxed my 401k, contributed to Roth IRA. Thank you for the wonderful podcast to inspire millions of listeners. Guest Interview Connect with Ashley Murphy, CFP®, AIF® Arete Wealth Strategists Global Financial Planning Institute Planning Points Discussed Tax Planning Retirement Planning Purchasing Power Other issues (IRAs, Inflation, Financial Goals) Timestamps: 2:00 - Introduction to Guest Interview 5:30 - International v. Cross-Border Financial Planning 8:27 - Every Country is Different 7:00 - Why the 4% Withdrawal Rule is Conservative 8:00 - When Can I Ensure I Can Retire? 12:30 - Tax Implications 13:00 - Foreign Tax Credits 17:37 - Roth IRAs for Dual Citizens 22:00 - How to Avoid Pitfalls 22:51 - PFIC (Passive Foreign Investment Company) 28:30 - Overview LET'S CONNECT! James Facebook LinkedIn Website Scott Facebook Twitter Website ENJOY THE SHOW? Don’t
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Listener Question How do immigrants should strategize investing when there is a real possibility of going back to home country because of work visa denial? Should we continue to invest in the states or invest offshore where we would retire? Thank you. I have been living in the United States for 11 plus years now. Because I am an immigrant, I did not invest in 401k until 2015. But again, I was just contributing 6% to get employer match. I started my financial independence journey a year back...
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091 - [Guest Interview] How to Invest for Retirement If You Might Not Retire in the US
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