Main Profile

At A Glance

Ask the Advisor: New Harbor Financial Group

Last month, we piloted a new type of podcast in which we directed your questions about money to one of the financial advisory firms we endorse. Based on the strongly positive response we received from listeners, we are going to make this a regular recurring feature. In this week's podcast, Chris speaks with Bill Cole, Mike Preston and John Llodra: partners at the other firm we endorse. A disproportionate percentage of the questions our readers have submitted are about retirement. So this podcast focuses exclusively on that topic, addressing such issues as: If much of my retirement capital is within an employer-sponsored plan, what are my options? What are the risks of keeping my money in a retirement plan for years to come? Even though I'm not retired yet, should I cash out of my 401k/IRA? If I withdraw early to invest in other assets, what sort of hit will I take? Are there ways to avoid early withdrawal penalties? If I'm over 59 1/12, how should I determine my schedule for making withdrawals? How can I hold precious metals in my retirement account? What is a non-traditional IRA and what investments can I hold in it? How do I go about opening one? What exactly are annuities? Do they make sense any more as a retirement vehicle? As with last time, there wasn't enough time to make it through all of the prepared questions. We will address the remaining ones in a future podcast. After last month's podcast with Bob Fitzwilson, we received a large number of comments from readers relieved to hear the perspective of an experienced adviser whose investing outlook is aligned with the Crash Course framework. So if after listening to the podcast, you find yourself interested in connecting with Bill, Mike, John and the rest of their team to learn more about their advisory services, please use the form here to do so. Transparency note: As a result of our public endorsement, Peak Prosperity has a commercial relationship with this firm. The details of this relationship are clearly presented in writing during the referral process -- but the punchline is, our relationship does NOT result in any increased fees to those who become clients. cheers, Adam It should go without saying: this discussion should not be construed as individual financial advice by those listening to it. The content should be taken as informational and educational in nature only. Investment advice must be tailored to your specific personal situation (which Chris and his guests are obviously unaware of) and should be obtained directly from a financial advisor you trust. Before acting on any of the statements made in this podcast, we advise you do just that.
Length: 47:27

Contact

Questions about Ask the Advisor: New Harbor Financial Group

Want more info about Ask the Advisor: New Harbor Financial Group? Get free advice from education experts and Noodle community members.

  • Answer

Ask a New Question