Listen Money Matters - Free Your Inner Financial Badass. All The Stuff You Should Know About Personal Finance.

  We haven’t done a five questions for awhile. Today it’s back! Andrew and Thomas answer five questions submitted by our listeners. Today we answer questions about bonds, interest rates, and one of our favorite subjects, retirement. 1.  If you’re young and looking to grow wealth, why bother have 10 or even 5% invested in bonds? If you’re in your early 20’s, go ahead and go 100% stocks. As you get closer to retirement, you move more to bonds. This is what a life cycle fund does for you. 2.  Am I going to incur a lot of fees if I take money in and out of my Betterment account frequently?  When you pull money out, Betterment will let you know the tax implications of doing so. That’s one of the reasons we tell you to buy and hold. But even with the taxes, you will almost always make more in Betterment than making dick interest in a savings account. The bigger question is why Joe is not leaving that money alone. 3.  Wouldn’t it be beneficial to have a traditional IRA for your working life, retire, wait a year