EPISODE · Jun 25, 2020 · 57 MIN
Real Estate... Your #1 Hard Asset.
from Money On Tap · host Ben Brayshaw & Seth Krussman
“To yield or not to yield, that is the question!” Since the COVID-19 pandemic occurred, questions about our economy or different ways to make money are circling. Today on Money on Tap, the guys are diving into the tax benefits of real estate. While it is considered to be an aggressive market, it can also be a segue into producing passive income. Listen in today on how you can use one of your largest investments to help you build a secure financial future for your family!Is it too late to fix my retirement at 50?No — the 50s are the catch-up years by design. Catch-up provisions let you contribute above the standard limits to 401(k)s and IRAs, the HSA offers triple tax advantages for future healthcare costs, and a backdoor Roth can build a tax-free bucket even if your income is too high for direct contributions. Pair those with a segmented "bucket" strategy — instead of retreating to CDs and cash — and most late starts can still be rescued. The first step is knowing your income need, not chasing a number.
Embed this episode
NOW PLAYING
Real Estate... Your #1 Hard Asset.
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.