If you heard last week's retirement news episode, you might have heard that Dave Ramsey prohibits his followers from investing in ETFs. But yet they're perfectly welcome to buy mutual funds. In today's episode I'm breaking down the similarities and differences between the two vehicles to reveal why Dave's advice is asinine.
Also, some people will tell you it's better to rent than to own in retirement. While this is a personal decision everyone has to make, I share some numbers that might challenge conventional wisdom.
And I talk about a dumb article Trulia produced five years ago, which contends that if you're not worried about leaving your home to your kids when you kick the bucket, it's better to rent.
Here's a link to the article: https://www.trulia.com/research/rentvsbuy_retirees_spring16/
If you see a dumb article or if you hear some bad retirement advice, email me at email@example.com so I can share it on the show.
Be sure to check out my retirement planning podcast website at https://www.rogueretirementlounge.com