RetireMentorship with Freeman Linde, CFP®

The Trouble with Target Date Funds

Target Date Funds are the default options for many investors in their 401(k)s. Not because they are great options, but because they cover the butts of 401(k) companies and employers. But they have their troubles.TDFs are Dumb. They result in lower long term returns at higher fees.TDFs are Dangerous. They give no options to those in retirement, forcing them to make The Big Mistake: Selling their equities when they're down.While this is not investment advice, I contend that NO ONE should own Target Date Funds. Full article and visuals can be found at:
RetireMentorship.com/23Need help finding an advisor to craft an Investment Plan? Search for or be matched with one at WiserAdvisor.com. Ask the the questions from Episode 5. And stay tuned to RetireMentorship for more info on finding a good one. 
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Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

ACTION: RTQs are Stupid!

Don't merely know information. Believe in its ability to help you.Don't merely believe.  ACT!Basing your Lifetime Returns on a Five Minute Risk Tolerance Questionnaire is Stupid!Here are two ways to act on that knowledge.1. Listen to Episodes 1-4. They will build your foundation for believing that RTQ based investing is insufficient. 2. Schedule a time to get an Investment Plan. Have a Plan, not just a portfolio. And unless you can get one right now, schedule a time to do it. Make time to either create one yourself, or find an advisor who will help. 
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Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Risk Tolerance is Stupid! Pt 2

Investing based on a Risk Tolerance Questionnaire is STUPID!!! Almost every investor needs to answer a Risk Tolerance Questionnaire before investing. These questionnaires determine the investor's destiny. These questionnaires are dumb. We'll look at two more problems with RTQs, and the solution.Full article and visuals can be found at:
RetireMentorship.com/21Need help finding an advisor to craft an Investment Plan? Search for or be matched with one at WiserAdvisor.com. Ask the the questions from Episode 5. And stay tuned to RetireMentorship for more info on finding a good one. 
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
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Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message.
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Risk Tolerance is Stupid! Pt 1

Investing based on a Risk Tolerance Questionnaire is STUPID!!! Almost every investor needs to answer a Risk Tolerance Questionnaire before investing. These questionnaires determine the investor's destiny. And these questionnaires are dumb. We'll look at some of the problems with RTQs, and next week we'll look at the solution. Full article and visuals can be found at:
RetireMentorship.com/21
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message.
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Insurance You Do/n’t Need

There are some insurances you need, and others you don't. Insurances you DO need: 
Health Insurance
Disability Income Insurance 
Term Life Insurance (if you have dependents, previously covered)
Home & Auto Insurance
Insurance you MAY need:
Long-Term Care Insurance (previously covered)
Umbrella Insurance
Dental Insurance
Vision Insurance
Insurance you DON'T need:
Accidental Death & Dismemberment (exceptions apply)
Pet Insurance
Identity Theft Insurance
Critical Illness Insurance
Product Insurance
Full article and visuals can be found at:
RetireMentorship.com/20
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message.
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Term Limits

If you have people depending on your income, YOU NEED TERM INSURANCE!What is Term Insurance? Who needs it? And how much do they need?If you have people depending on you, you need it. How much? You want to cover (or minimally help with) 5 things
Final Expenses
Pay off debt
Pay off (or buy) home
Retirement Lump Sum
Income Bucket
Add to it anything else for college or other financial goals.
Quote your own insurance from dozens of carriers and apply right online. Full article and visuals can be found at:
RetireMentorship.com/19
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
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Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message.
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Life Insurance Lies! Part 4

Bad things may happen to you. But you can't and shouldn't insurance against all of them. This includes insuring your insurability. Don't do it. Today we cover four of the popular myths of for why you should buy permanent life insurance: 
Most Agents are Good People and can be Trusted.
You Should Buy Permanent Life Insurance While You're Young.
You Should Buy Permanent Life Insurance to Protect Your Insurability. 
You Should Buy Permanent Life Insurance for the Long-Term Care Rider (while young).
There are much better strategies out there, and we'll unpack why.Again, these episodes target permanent life insurance specifically. If you have people depending on your income, YOU NEED TERM INSURANCE!Quote your own insurance from dozens of carriers and apply right online. (Note: Permanent life insurance also available on the platform. IGNORE THAT. :) )Full article and visuals can be found at:
RetireMentorship.com/17
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message. 
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Life Insurance Lies! Part 3

"Experts" may be educated beyond their intelligence. Today we cover three of the popular myths of permanent life insurance: 
Independent Experts Confirm that Permanent Life Insurance is Better.
Successful Wealthy People Own Life Insurance; So Should You.
Infinite Banking is a Great Strategy
There are much better strategies out there, and we'll unpack why.Again, these episodes target permanent life insurance specifically. If you have people depending on your income, YOU NEED TERM INSURANCE!Quote your own insurance from dozens of carriers and apply right online. (Note: Permanent life insurance also available on the platform. IGNORE THAT. :) )Full article and visuals can be found at:
RetireMentorship.com/16
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message. 
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Life Insurance Lies! Part 2

Permanent life insurance is oversold and underdelivers. Today we cover two of the popular myths of permanent life insurance: 
Permanent life insurance is a great alternative asset class.
Permanent life insurance is a great way to mitigate taxes.
There are much better strategies out there, and we'll unpack why.Again, these episodes target permanent life insurance specifically. If you have people depending on your income, YOU NEED TERM INSURANCE!Quote your own insurance from dozens of carriers and apply right online. (Note: Permanent life insurance also available on the platform. IGNORE THAT. :) )Full article and visuals can be found at:
RetireMentorship.com/15
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message. 
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.

Life Insurance Lies! Part 1

A LOT of permanent life insurance is sold, and 99% of us don't need it! In this mini-series, we cover the "Life Insurance Lies", the myths and strategies used to sell permanent life insurance. If you own any permanent life insurance, you'll want to hear all parts.Need Term Insurance? Quote your own insurance from dozens of carriers and apply right online. (Note: Permanent life insurance also available on the platform. IGNORE THAT. :) )Full article and visuals can be found at:
RetireMentorship.com/14
Enjoying the show? Sponsor it by becoming a RetireMember. For the price of a Latte a Week or a Latte a Month you can show your support and keep the show ad-free.
Become a Member for a Latte a Week ($16/m)
Become a Member for a Latte a Month ($4/m)
Your support means a lot! Find out more at RetireMembership.com.
If you have questions about this topic, message us on Facebook or email us at Questions@RetireMentorship.com. 
Or you can call us at 1 (855) 6-MENTOR (1-855-663-6867) and leave us a message. 
Send us a Text Message.
Join our FREE membership community to receive exclusive content at RetireMembership.com.The content includes my book, 3D Retirement Income: Creating a Retirement Income that Outpaces Inflation, Outlives You, and Outperforms Others . (Available on Amazon.)Find my financial planning firm at LaxFP.com.Email us at Questions@RetireMentorship.com or call us at 1-855-6MENTOR.
This podcast is educational only and is not intended to be investment, legal, or tax advice or recommendations, whether direct or incidental. Again, this is not investment advice. Consult your financial, tax, and legal professionals for specific advice related to your specific situation. Never take investment advice from someone who doesn’t know you and your specific situation. All opinions expressed in this article are those of the people expressing them. Any performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be directly invested in.