The Rogue Retirement Lounge with Matt Franklin: Shark Tank Entrepreneur, Investor, Real Estate Enthusiast
If you're self-employed and you want to learn about retirement planning and investing, this podcast is for you. The Rogue Retirement Lounge covers investing basics, real estate, self-directed IRAs, retiring abroad, and much more. We talk about how to find cash-flowing assets that can beat stock market returns with less risk. We also cover tax-reduction strategies, asset protection, macroeconomics and other financial goodness, along with other info you need to know as you approach retirement, including social security, medicare, travel, health, longevity and more.
Buying Out-of-State Turnkey Properties. You Can Do it. And it CAN Accelerate Your Retirement Plan.
Are you nervous about the current stock market bubble? You should be. Have you thought about investing in cash-flowing single-family homes, but just don't know where to start? I was there. Back in 2017, as I was making kickass returns in the market, buying shares of Amazon every time I read about another major retailer closing (Remember Macys? JC Pennys?), I knew the bull market was going to have to end. But when? I knew I wanted to get into real estate and get out of the stock market, but I didn't know where to start. I knew if we had...
A Paid Off Home Mortgage is a Sign of Financial Illiteracy, PART I
Some financial gurus, including Dave Ramsay, will tell you that you need to pay off your home mortgage, for the sake of being out of debt. Unfortunately, if you're interested in building wealth, that's horrible advice. If you're self-employed and you're hoping to retire one day, paying down your mortgage with early principle payments is like putting money into a non-interest-bearing savings account that you can't get it back out of. Why would you do that??? In today's environment of the lowest interest rates in 5,000 years, the home mortgage has become an asset, NOT a liability. The bank is giving...
The Rule of 72, Compound Interest, A Cool App, and Taxpayer-Subsidized Rectal Heroin
Most people are familiar with the concept of compounding interest. But if it really is the eighth wonder of the world, maybe it's worth a quick review. And everyone should know the "rule of 72," so we'll cover that today as well. And whether you're an avid investor, if you're totally unprepared for retirement, or somewhere in between, taxes affect you. So for fun we're going to talk about one way the city of Seattle is throwing away taxpayer dollars. (Hint: it involves heroin administered in a very unexpected place) Now, could I ask you a GIANT favor? This podcast is...
Accredited Investor Status: Are Poor People Dumber Than Rich People?
Often you'll see investment opportunities that are for "accredited investors" only. Today we'll learn what exactly you need to have/earn in order to qualify for the accredited investor standard. It's not complicated, but if you don't qualify, are you out of luck? Fortunately, the answer is no. I'm not accredited and I've been able to invest in some awesome deals. The secret is simple: you just gotta have folks in your network who put those deals together. It's not hard and I'll tell you how I did it. Learn more about Matt Franklin at https://www.rogueretirementlounge.com (www...
The 4% Rule and YOU.
Today we're gonna give a brief rundown on the 4% rule, originally developed by William Bengen. The 4% rule had me paralyzed back in the day, because I didn't think I'd ever have enough of a nest egg to retire. Based on this rule, if you want your retirement funds to last for 30 years, you need 25X your required annual income. Of course, this is if you've got the standard stock/bond asset allocation. As always, if you have questions, feel free to email me at matt@rogueretirementlounge.com
Why Do Entrepreneurs Suck At Retirement Planning?
After talking to hundreds of entrepreneurs in the last 15 years, I've discovered four main reasons that most of us are failing to adequately prepare, save and invest for retirement. Today I'll be discussing these four reasons. Which category do you fall into? Let's connect! Email me! matt@rogueretirementlounge.com
TRAILER: The Rogue Retirement Lounge
This is the Rogue Retirement Lounge, where we talk about all things retirement for Entrepreneurs. If you’re self-employed, if you're a gig worker, if you’re a solo-preneur, you’ve come to the right place to learn about alternative retirement investing strategies and structures, as well as other things NOBODY told you about when you started your business. I’m Matt Franklin and I’ve been self-employed for 15 years. I’ve had multiple businesses, including one that got me on Shark Tank in season 4. I talk to entrepreneurs all the time, and one thing is nearly universal: We’re shitty when it...
