Answering Listener Questions on asset allocation, retirement strategies, and the intricacies of real estate investing. With Brad Barrett and Rachael Camp. Whether you are pondering upon the backdoor Roth IRA strategy or seeking clarity on managing funds without a 401k, this episode is for you!
Questions:
-
What can I do if my employer doesn’t offer a 401k?
- Consider options like a traditional IRA or a health savings account. 00:04:12
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How do I manage sequence of returns risk in retirement?
- It's crucial to have a cash reserve and bonds as a cushion against market downturns. 00:26:36
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What should I consider when investing in real estate?
- Understand cash flow, assess the market, and account for all potential expenses and vacancies to avoid risks. 00:58:08
Actionable Takeaways:
- Review and potentially set up a traditional IRA if your employer doesn't offer a 401k. 00:04:12
- Consider maintaining a cash buffer for the first few years of retirement to mitigate risks. 00:26:36
- Maximize your retirement account contributions to include any employer matches. 00:09:12
- "Avoid reverse dollar cost averaging by holding onto equities during market downturns." 00:39:28
- "Company matches in retirement accounts offer unmatched returns—don’t miss out!" 00:09:12
- "Explore diverse account types for effective financial management." 00:10:00
**Disclaimer
Please note: Rachael Camp offers advisory Services through Creative Financial Designs, Inc., a Registered Investment Adviser, and Securities are offered through cfd Investments, Inc., a Registered Broker/Dealer, Member FINRA & SIPC, 2704 S. Goyer Rd., Kokomo, IN 46902. 765-453-9600. Camp Wealth is not affiliated with the CFD companies.
