What are Brokered CDs and How Do They Work?

Do you ever feel like a curmudgeon when you hear about new technology? Listen in to find out what has me putting on my sourpuss hat this week.

We have a variety of interesting listener questions this week. Listen in to learn about purchasing brokerage CDs and CDs on the secondary market, how to decide whether to take the pension or the lump sum, and how to determine whether to become a 1099 contractor rather than a W2 employee.

In the Bring It On segment you’ll hear about what work looks like in retirement from Mark Ross. Spoiler alert: you can work in retirement! OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN LISTENER QUESTIONS 

• [4:06] Brokerage CDs and CDs on the secondary market
• [9:34] How to decide to take the pension or the lump sum
• [14:38] What does huzzah mean?
• [15:18] How to determine whether to become a 1099 contractor rather than a W2 employee

BRING IT ON WITH MARK ROSS 

• [22:31] What work looks like in retirement
• [24:45] How to determine whether you should work in retirement
• [28:49] 3 categories of work
• [31:00] What you can do to help you determine your work in retirement

TODAY’S SMART SPRINT SEGMENT 

• [31:53] Download the Relational Nutrient Card

Resources Mentioned In This Episode
Rock Retirement Club
Roger’s YouTube Channel - Roger That
BOOK - Rock Retirement by Roger Whitney
Roger’s Retirement Learning Center