Greatest Hits of 2021! 3 Must-Know Financial Tools | Guest: Robby Scholes

Dec 30, 2021 · 30m 40s
Greatest Hits of 2021! 3 Must-Know Financial Tools | Guest: Robby Scholes
Description

It’s almost New Years. This week, we are closing out 2021 by playing some of our greatest hits from the past year. This episode is the fourth of our greatest...

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It’s almost New Years. This week, we are closing out 2021 by playing some of our greatest hits from the past year. This episode is the fourth of our greatest hits from 2021. It caught a lot of traction with our listeners. In the episode, Art and Robby Scholes discuss three financial tools you need to know. And they have some good laughs in it as well.

Listener question answered:

Question 1: Should I pay off debt or save for retirement first? Also, should I take from my retirement to pay off debt?

Question 2: I am considering taking Social Security early at age 62. Can I also work full time?

Notes:

3 Reasons not to take money from your retirement:

1. 10% penalty
2. Ordinary income taxes
3. Opportunity cost (compounding)

The Essential Emergency Binder | Buy it here: https://www.artrainer.com/essential-emergency-binder

Episode Sponsor:

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Author Art Rainer
Organization Art Rainer
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