Economic Realities was created to bring industry experts together to benefit financial advisors and individuals seeking to improve their financial outcomes.
In today’s episode, Chris Battaglia welcomes back economist and author of “Money Magic: an Economist’s Secrets to More Money, Less Risk & Better Outcomes”, Larry Kotlikoff, to discuss inflation, rising interest rates and the effect they may be having across different elements in investors’ portfolios.
They discuss several strategies homeowners may want to consider:
- Using IRAs, Roth IRAs or even savings to pay down mortgages
- Major tax breaks available to homeowners that have nothing to do with your mortgages
- The benefits of using software – particularly Maxifi Planning Software – to help with financial decisions
- Different levers to consider when deciding whether or not to buy a home, including children, education costs and more.
Resources: Maxifi
Related: Navigating Risk and Taming Inflation: Your Financial Battle with Chris Battaglia & Larry Kotlikoff