Listener Retirement Planning Question: To SEP Or Not To SEP. Your Financial Advisor Might Not Be Your Friend...

Listener Retirement Planning Question: To SEP Or Not To SEP. Your Financial Advisor Might Not Be Your Friend...

Author: Matt Franklin - entrepreneur, investor, consultant, video producer, retirement nerd January 16, 2022 Duration: 12:27

Today I got an email from a guy with the initials A.J.

Here's the exact text:

Quick question. I am self-employed and started my own business after being in a partnership for six years. Seven months of 2021 I got to 302,000 so I decided that it is time to talk to Financial Advisor. I want to contribute to a sep IRA but he is saying that instead he recommends a individual joint account with my wife which would also be invested the same SSS in American funds active core. Both will get the same amount of return the difference is tax deferred versus not and one I can pull money out at any time versus the other not to 59 1/2 what are your recommendations do you think the sep is still the right way to go? Main goal is retirement

Man, I wish my business would've pulled in $300K in seven months.

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Matt Franklin has worn a lot of hats-entrepreneur, investor, consultant, and self-proclaimed retirement nerd-and he brings that full spectrum of experience to Rogue Retirement Lounge. This podcast is built for the self-employed, the freelancers, and the business owners who find traditional financial advice doesn't quite fit their unconventional path. Forget the dry lectures; here, retirement planning is about actionable strategy and building real freedom. You'll hear detailed discussions on constructing a portfolio that goes far beyond the stock market, focusing on tangible, cash-flowing assets that aim for better returns with managed risk. Episodes dive into the nuts and bolts of self-directed IRAs, the realities and opportunities of investing in real estate, and the practicalities of considering a retirement abroad. Matt also breaks down essential, often overlooked tactics for legal tax reduction and robust asset protection, ensuring what you build is safeguarded. As a Bitcoin enthusiast, he naturally explores where digital assets fit into a modern, diversified plan. The conversation is always geared toward creating a resilient financial future that aligns with an independent lifestyle, making this podcast a resource for anyone who wants their retirement to be as dynamic as their career has been.
Author: Language: English Episodes: 100

Rogue Retirement Lounge with Matt Franklin: Entrepreneur, Investor, Bitcoin Enthusiast
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