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829-Friday Q&A: Life Insurance, Live Rittenhouse Verdict, House Money, GILTI Tax, Etc.

Radical Personal Finance

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Is Social Security a Guaranteed Income Stream for Retirees?

Social security is a guaranteed income stream that you can't outlive. So let's put a mortgage on your primary property, and buy two rental houses with the money your socal security payment. They have one mortgage with a declining balance. And so their assets are growing overtime and their income is growing overtime. That's a really, really good plan, in my opinion for retiries.

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