259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

259: Pensions 101: Are Pensions Worth It? w/ Grumpus Maximus

If you need pension funds explained, there’s no better person to talk to than the internet’s leading voice on all things pensions and retirement, Grumpus Maximus. After spending twenty or so years in the military, Grumpus began to put his health, happiness, and passions first. Now, retired with plenty of money coming in (thanks to pensions and retirement accounts), Grumpus spends his time blogging and helping others ask the meaningful question, “is my pension worth it?” Guest co-host Joe Saul-Sehy from the Stacking Benjamins podcast is here to help Mindy tee up some pension-related questions for Grumpus. Whether or not you have a job offering a pension or you’re debating accepting a job with a pension, the research-based questions asked today will help you evaluate whether or not a pension is truly worth it. You’ll hear about the safety of pensions, healthcare-impacted pensions, annuities, and Cost-of-Living Adjustments (COLA) so you can make the best possible decision regarding your (early) retirement plans! In This Episode We Cover “Cashing out” of a pension and what to do with the money Understanding the healthcare implications that come with leaving a pension Which industries have the riskiest pension plans Is an annuity ever worth the fees? Researching your pension and understanding the benefits How to analyze the safety of an organization’s pension plan And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Mindy Tracks Her Net Worth Live w/ Monarch Money

Mindy Tracks Her Net Worth Live w/ Monarch Money

Ever wondered how financial experts ACTUALLY manage their own money? Mindy Jensen opens her real financial accounts LIVE on this episode! In this groundbreaking BiggerPockets Money podcast episode, h...

2 Syys 202542min

The Secret to Retiring Early AND Spending More Money

The Secret to Retiring Early AND Spending More Money

Retire earlier. Spend more. Live better. For most people, these sound like mutually exclusive goals—you can pick one, maybe two, but certainly not all three. Financial planner Aubrey Williams is here ...

29 Elo 202559min

From $90K in Debt to Coast FIRE at 45

From $90K in Debt to Coast FIRE at 45

Fear that early retirement is out of the question because you have too much debt? It's not game over. Whether you're debt-free or still chipping away at your student loans, today's guest is proof that...

26 Elo 202551min

The Case for Picking Stocks w/ Co-Founder of The Motley Fool

The Case for Picking Stocks w/ Co-Founder of The Motley Fool

Do you think you can't beat the market? David Gardner, co-founder of The Motley Fool, joins the BiggerPockets Money podcast to shatter this limiting belief and reveal why stock picking can supercharge...

22 Elo 202555min

How to Go From Broke at 50 to Retired at 60!

How to Go From Broke at 50 to Retired at 60!

Are you worried you won't be able to retire at sixty-five? Feeling financially limited in your fifties and need a retirement plan so you can finally stop working? Well, we made this episode of the Big...

19 Elo 20251h 9min

Investor Retires in 6 Years ($120K/Year) by Doing This

Investor Retires in 6 Years ($120K/Year) by Doing This

On this episode of the BiggerPockets Money podcast Mindy and Scott are joined by Beau Webb. Beau went from flying Blackhawk helicopters in the Army to achieving financial independence in his 30s throu...

15 Elo 202546min

How to Build a Business That’ll Replace Your 9-5 | Hala Taha

How to Build a Business That’ll Replace Your 9-5 | Hala Taha

What does it take to transform from a $27,000-a-year employee into an eight-figure entrepreneur? Hala Taha, founder of YAP Media, joins Mindy Jensen and Scott Trench on the BiggerPockets Money podcast...

12 Elo 202545min

How Regular People Can Achieve Coast FI in Their 30s

How Regular People Can Achieve Coast FI in Their 30s

Coast FI is a fascinating concept that's gaining traction in the financial independence community. And no, to Mindy's disappointment, it doesn't involve having enough money to live beachside (though t...

8 Elo 202540min

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