In case of emergency, you need money.

Many of us are just one catastrophe away from having our lives dramatically changed. Yet, most of us do not have an emergency fund in place. Today, Tom welcomes Paul Merriman back to the show. In this episode, Tom and Paul stress the value of an emergency fund and how you can save for catastrophe in creative ways, starting today. They also discuss the various income sources for your retirement and much more!

Why we all should have an emergency fund.

How to financially prepare for a catastrophe.

Learn more about the TAP Annuity. 

Surrender charges and penalties.

Why would someone want to buy an annuity?

The right time to take out your Social Security.

Converting your IRA to a Roth.

Are pot stocks a good idea?

Vestory — https://vestory.com/

Acorns — https://www.acorns.com/

Tap Annuity — https://www.merriman.com/wealth-enhancement/how-the-tap-annuity-works-for-washington-state-employees/

Stan The Annuity Man — https://twitter.com/stanannuityman

American Association of Individual Investors — https://www.aaii.com/

ChooseFI — https://www.choosefi.com/

Paul Merriman Website — https://paulmerriman.com/

Paul Merriman on Twitter —https://twitter.com/SavvyInvestorPM

“Live It Up Without Outliving Your Money” by Paul Merriman — https://paulmerriman.com/live-it-up-without-outliving-your-money/

Sound Investing Podcast — https://paulmerriman.com/podcasts/

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Most of us really are lousy investors.

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There is no such thing as safe investing.