Skip to site content
The Show

Everything You Need to Know About IRAs

How much do you really know about IRAs?

We all know that saving for retirement is important, but with Traditional, Roth, SEP, SIMPLE, and more IRA options available, it’s easy to get confused. How can you be sure that you’re choosing the right one?

If you’re not feeling certain about the best course of action for you, don’t worry — you’re not alone!

On the show today, we’re talking about the evolution of IRAs and why they are not all created equal. We’re going to break down each account option available and help you make sense of their long-term benefit to your bottom line.

But before we get into the specifics, we wanted to remind our listeners that outside of the podcast, we’re fee-only financial planners who work with clients in 30 states. If you would like to join up with us, don’t hesitate to reach out to brian [at] or bo [at] We would love to hear from you!

In This Episode, You’ll Learn:

  • A brief history of IRAs
  • The different types of IRAs available
  • What tax-deferred growth means and why it’s important
  • The biggest legal loophole for tax savings
  • How Traditional and Roth IRAs differ
  • When it makes sense to leave your 401k with a previous employer
  • The importance of establishing your IRA beneficiary designations
  • Why Roth IRAs are ideal for estate planning
  • The IRA options available to small business owners


Enjoy the Show?

Where You Can Watch and Listen:

Subscribe on these platforms or wherever you listen to podcasts for new episodes every Friday, live streams every Tuesday at 10am CT, and new highlight clips throughout the week.

Related Content

Free Resources

Financial Order of Operations®: Maximize Your Army of Dollar Bills!

Here are the 9 steps you’ve been waiting for Building wealth is simple when you know what to do and…

View Resource

Wealth Multiplier By Age

How much to save every month to become a millionaire.

View Resource

How Much Should You Save?

How much of your income can you replace in retirement? You can replace different portions of your income in retirement…

View Resource


Exclusive Sneak Peek of Millionaire Mission by Brian Preston

, ,

Read More

Does It Ever Make Sense To Break the Money Guy Rules?

, ,

Read More

How To Invest for Retirement the Right Way

, , ,

Read More

Financial FAQs

Courses & Tools

How about more sense and more money?

Check for blindspots and shift into the financial fast-lane. Join a community of like minded Financial Mutants as we accelerate our wealth building process and have fun while doing it.

Millionaire Mission (Brian’s Book)

Buy Now

Know Your Number Course

Buy Now

The Money Guy Net Worth Tool

Buy Now

Recent Episodes

It's like finding some change in the couch cushions.

Watch or listen every week to learn and apply financial strategies to grow your wealth and live your best life.

maxresdefault 4

Will I Ever Feel Ok Spending Money for Fun?

Watch Now
maxresdefault 3 1

5 Financial Decisions That Changed Our Lives (And Can Change Yours, Too!)

Watch Now
maxresdefault 3

Is Retiring Early Really Worth It?

Watch Now