Prosperity Podcast Ep 034 - The Lesser Known IRA

The Lesser Known IRA – Episode 34

On today’s episode of the Prosperity Podcast, best-selling financial author Kim Butler and No BS Money Guy Todd Strobel uncover the reasons you should know about self-directed IRAs. They discuss their benefits and disadvantages.

Kim explains the term “roll” as it relates to finances. Todd compares self-directed IRAs against a 401(k). Finally, they breakdown the different payoffs that are associated with your self-directed IRA.

If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!

Show Notes:

[0:00] Prologue

[0:19] Intro

[0:36] Self-Directed IRAs

[2:59] Self-Directed IRA Trustees

[4:04] Fees and Costs

[7:35] Defining the Term “Roll”

[9:24] Rolling into a Self-Directed IRA

[11:00] Fighting Off the 401(k) Pressure

[13:07] Self-Directed IRA Payoffs

[14:35] Peer-to-Peer Lending

[16:08] Financial Planning Has Failed

[16:45] Wrap-Up

[17:21] Outro

Share this post

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!