432: Hesitant to Invest? How to Avoid Running Out of Money During Retirement

Terrified of running out of money in retirement? Countless people share the same fear. With so much recent discourse surrounding inflation and a looming recession, you may have a tighter grip on your money than usual. Today’s guest is here to help cool some of your concerns.

In this episode of the BiggerPockets Money podcast, we’re joined by David Stein from Money for the Rest of Us, who believes there are reasons to be optimistic about the economy and even more reasons to stay on the straight and narrow when it comes to investing. If you’re easily overwhelmed by the thought of investing or choosing the right asset classes, David’s message is clear: investing doesn’t need to be difficult. There are plenty of tools the average person can use to invest, grow their nest egg, and have enough money for retirement. Don’t let fear stop you from putting your money to work!

Whether you’re a novice or long-time investor, you’re in for a treat with today’s episode. Tune in as David addresses several issues—including the current state of the economy, whether we should brace for a recession, and the markets he’s investing in. He also talks about the benefit of steering clear of individual stocks in lieu of ETFs and index funds, as well as when it might be smart to buy an immediate annuity!

In This Episode We Cover

The four-percent rule and how to avoid running out of money in retirement

How current returns on real estate compare to those of other asset classes

The benefit of buying exchange-traded funds (ETFs) and index funds in lieu of individual stocks

Diversifying your investment portfolio to include non-U.S. markets

Three important principles to focus on when deciding where to invest

Buying annuities to lock in an additional income stream during retirement

And So Much More!

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Click here to check the full show notes: https://www.biggerpockets.com/blog/money-432

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