Listener Ralph asked whether it is financially smart for him to consider buying a home at the younge age of 25. What kind of mortgage should he use and how much down payment should he plan for?

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey. Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.

Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.

DISCLOSURE: KRAIG IS THE INCOME ENGINEER BUT HE IS NOT AN ATTORNEY OR A CPA. KRAIG STROM IS A CERTIFIED FINANCIAL PLANNER PROFESSIONAL AND A PARALEGAL. PLEASE DO NOT CONSIDER THINGS ON THIS SHOW AS ADVICE. PLEASE SPEAK WITH A QUALIFIED CERTIFIED FINANCIAL PLANNER OR LEGAL PROFESSIONAL BEFORE MAKING ANY FINANCIAL or LEGAL DECISIONS.

Time and time again, we see companies and their owners operating under a false sense of S-Corp or LLC security. Understanding inside AND outside liability is the key to building the right protection around the Golden Goose.

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey. Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.

Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.

DISCLOSURE: KRAIG IS THE INCOME ENGINEER BUT HE IS NOT AN ATTORNEY OR A CPA. KRAIG STROM IS A CERTIFIED FINANCIAL PLANNER PROFESIONAL AND A PARALEGAL. PLEASE DO NOT CONSIDER THINGS ON THIS SHOW AS ADVICE. PLEASE SPEAK WITH A QUALIFIED CERTIFIED FINANCIAL PLANNER OR LEGAL PROFESSIONAL BEFORE MAKING ANY FINANCIAL DECISIONS.

I'm a crazy car guy so don't take this the wrong way. I love it when the wheels on a car are perfectly matched to the car; however, custom wheels on a car have got to be one of the most financially crazy things I see everywhere. There is no such thing as investing in good or great wheels for your car or truck. No matter what you pay for your fancy wheels, they will be worth less seconds after you roll them out of the show room. I personally respect people who do a little shopping for a great deal on gently used cars and car accessories. This is one of the best stories I've come across and I hope it inspires you to save a few bucks!

Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Kraig Strom, the host of Personal Pension Radio, is focused on helping you pack your bags for both halves of the retirement journey. Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Along the way, Kraig is ready to assist with all matters related to your financial wellbeing as well as your business and family legal needs.

Optimizing Retirement income and protecting your legacy does not happen with a product. You must have an integrated approach.

DISCLAIMER: Kraig Strom is not an attorney or a certified public accountant. Kraig is a Certified Financial Planner Professional®, a Chartered Financial Consultant®, and an Investment advisor representative. As cool as all that may sound, this video is only helpful hints, tips and education. This video is not specific tax, legal or investment advice. Before you decide to take action on anything you see in this video, please consult with your tax, legal or investment advisor first.