Is Social Security a Ponzi Scheme?

In today's Five Question Friday, we cover these questions:

1. Is Social Security a Ponzi Scheme?
2. Should home value be part of your asset allocation?
3. Does Your Savings Balance Affect the 4% Rule?
4. How should I prepare for an inheritance of 90 individual stocks, bonds and mutual funds?
5. How should a 78 year old invest $75,000?

Resources
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Vanguard LifeStrategy Funds: https://investor.vanguard.com/investm...
Vanguard Retirement Income Fund: https://investor.vanguard.com/investm...

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#retirement #investing #robberger
0:00 Intro
1:23 Is Social Security a Ponzi Scheme?
4:30 Should home value be part of your asset allocation?
8:36 Does Your Savings Balance Affect the 4% Rule?
12:08 How should I prepare for an inheritance of 90 individual stocks, bonds and mutual funds?
16:51 How should a 78 year old invest $75,000?

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. I've since sold my websites, bought them back, and started a new website and this YouTube channel.

I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

*Disclosure*: Some of the links in this description are from partners who compensate us. This means — at no extra cost to you — I may earn money if you click and sign up for a product or open an account. This creates a financial relationship that may influence my recommendations, but I only recommend products and services I believe in and would recommend to my own mom. Advertisers have no control over my content. Read the full advertiser disclosure here: https://robberger.com/how-we-make-money/