March 25, 2023

This week on “Money Talks,” Chief Investment Officer Troy Harmon, CFA, CVA, Senior Associate Michael Griffin, CFP®, along with Associate Josh Weidie, CWS®, discuss the results of the Federal Open Market Committee’s March meeting, February’s existing home sales, and Industrial Production. The Experts come together to look at a retired investor who wants to generate rental income by renting multiple homes. They examine issues with becoming a landlord, and some of the financial aspects he should consider. The host finish the show answering a listener’s question on avoiding the 10% penalty on an early withdrawal from an IRA.

Timestamps and Chapters

00:00 Market Roundup: Covering March 20 – March 24, 2023
23:36 Case Study: Real Estate as a “Retirement Career”
34:03 Q&A Time: Can I avoid the 10% penalty on an early withdrawal from an IRA?

Subscribe to the Henssler Money Talks podcast.

This article is for demonstrative and academic purposes and is meant to provide valuable background information on particular investments, NOT a recommendation to buy. The investments referenced within this article may currently be traded by Henssler Financial. All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. The contents are intended for general information purposes only. Information provided should not be the sole basis in making any decisions and is not intended to replace the advice of a qualified professional, such as a tax consultant, insurance adviser or attorney. Although this material is designed to provide accurate and authoritative information with respect to the subject matter, it may not apply in all situations. Readers are urged to consult with their adviser concerning specific situations and questions. This is not to be construed as an offer to buy or sell any financial instruments. It is not our intention to state, indicate or imply in any manner that current or past results are indicative of future profitability or expectations. As with all investments, there are associated inherent risks. Please obtain and review all financial material carefully before investing. Henssler is not licensed to offer or sell insurance products, and this overview is not to be construed as an offer to purchase any insurance products.

Tagged University of Michigan Consumer Sentiment, Retirement, Federal Open Market Committee, roth IRA, landlord, real estate, homeowner, Industrial Production, passive income, IRA, liability, early withdrawal penalty, existing home sales, Inherited IRA, FOMC Monetary Policy, penalty exceptions, Interest Rate Hikes, Fed Funds rate