The Chris Burns Show

Show Me the (Safe) Money!!! What to Consider Nearing Retirement

Episode Summary

The challenge to find safe money right now if you’re nearing or in retirement. what are your options, and why is a listener buying be a Coke?! Let’s break it down.

Episode Notes

Interest rates are low, which benefits a lot of people, but also harms a lot of people.

Let’s take a look at low-interest rates and answer these questions:

• who is hurt by low-interest rates and what to do about it?
• where do you go for “safe money” in today’s market?
• why is the solution not one size fits all especially for those closing on retirement?

There are three things are in play in any of the solutions to consider:

1. Is your money safe?
2. Is your money liquid?
3. What kind of return am I getting on my investment?

And there’s going to have to be a trade-off, unfortunately, you can’t always have all three.

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