The Ramsey Show (November 29, 2021)

Annuities Amid ‘Financial Repression’

In the arsenal of retirement planning tools, annuities are among the most expensive – but that does not necessarily make them the best. Entering into an annuity contract at the wrong time can be costly.

Is Your Financial Professional Truly A Financial Advisor?

While good advice from a qualified financial planner can mean the difference between a successful retirement and outliving your money, I wouldn’t trust most financial advisors with my own money, and I don’t think you should either. Simply, I don’t trust most so-called “financial advisors” because they are unqualified. Unfortunately, no qualifications are required in order for an individual to give himself the title of financial advisor.

Have You Ever Wondered How the US Monetary System Works? Here’s a Quick Course in It

Do you ever find the terms concerning money and the Federal Government confusing? Here is a brief explanation about how the US monetary system works and maybe even how it doesn’t work. It has been abused by fiscally irresponsible politicians for a long time, but particularly since the early 90’s.

Is Working With A Financial Advisor Worth It?

HSBC recently published an article titled “The Future of Retirement, The Power of Planning” which compares the circumstances of investors who work with a financial planner to those who invest on their own. The goal of the study was to determine if there is a benefit to working with an investment professional. The most glaring findings of the study was the importance of a financial plan. Those with advisor directed financial plans have nest-eggs that are over four times as large as those without plans. Further, consistently working with a financial planner seems to add significant value; Advice-seeking planners had nest-eggs that were 57% larger than self-guided planners.

The Top Benefits of a UK Pension Transfer

Pensions are often perceived as being complicated and hard work and as a result, are frequently neglected. This becomes increasingly apparent amongst those who have left the UK to live abroad as this money is often simply forgotten about until retirement draws closer. Even if you don’t know anything about pensions and are not currently residing in the UK, if you have a UK occupational or personal pension, a UK pension transfer into a UK SIPP or QROPS does not have to be difficult.

Taking Control of Your Retirement Pension

Preparing for your retirement can be challenging. With enough experience and the help of legal counsel, you can set up your own self managed super fund. Read on and find out how.

The Importance of Early Retirement Planning

The rising cost of living in nursing homes raises concern in elder care and stresses the importance of good retirement planning. Understanding retirement and estate planning will help secure your finances in the future and leave behind a good legacy for loved-ones. Read this article for more insight into this topic.

Know Your Funding Level When Saving For Retirement

When saving for retirement, start with a realistic look at how much income you’ll need when you retire, and what sort of capital will be required to fund that income. You then need to continually keep an eye on your funding level.

Ever Wonder How the Rich Keep Getting Richer? It’s About Gaining Surplus – Here’s How to Start

The rich keep getting richer. The poor keep getting poorer, and the middle class just work. This is an absolutely true observation, and there’s a good reason for it. It comes down to resource management and surplus. Success breeds success. Failure breeds failure… unless you actively learn from your failures to turn them around, as successful people do.

Protecting Against the Federal Stimulus

My predictions in May of this year were correct when I said that the federal stimulus would continue and volatility would be the norm. In September of this year the Federal Reserve announced Quantitative Easement III (QEIII), which was designed to keep pace with Mario Draghi and the ongoing Euro crisis; promising continuous monthly injections of $85 trillion in order to protect our nation from an economic collapse. There is no way to know how long this will go on for, however; Fed Ben Bernanke stated unlimited printing.

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