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
23:50 Case Study: Real Estate as a “Retirement Career”
34:22 Q&A Time: Can I avoid the 10% penalty on an early withdrawal from an IRA?

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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