On today's episode of the Prosperity Podcast, best-selling financial author Kim Butler and No BS Money Guy Todd Strobel uncover the reasons you should know about self-directed IRAs. They discuss their benefits and disadvantages.
Kim explains the term "roll" as it relates to finances. Todd compares self-directed IRAs against a 401(k). Finally, they breakdown the different payoffs that are associated with your self-directed IRA.
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Show Notes:
[0:00] Prologue
[0:19] Intro
[0:36] Self-Directed IRAs
[2:59] Self-Directed IRA Trustees
[4:04] Fees and Costs
[7:35] Defining the Term "Roll"
[9:24] Rolling into a Self-Directed IRA
[11:00] Fighting Off the 401(k) Pressure
[13:07] Self-Directed IRA Payoffs
[14:35] Peer-to-Peer Lending
[16:08] Financial Planning Has Failed
[16:45] Wrap-Up
[17:21] Outro
