Episode 148: How to Prepare for Retirement with Matt Franklin

The Got Side Hustle Show

I’ve said it before and I’ll say it again - podcasters RULE. To say “some of my best friends are podcasters” is not an attempt to just embrace podcasters. It’s so freaking true! And today I chatted with a podcasting dude who I felt like I could talk to FOREVER.

Today we are talking to Matt Franklin from the Rogue Retirement Lounge and man does this guy have some awesome stories. Never mind his kick-ass appearance on Shark Tank back in the day, Matt is a serial entrepreneur, an inventor, and a fellow Gen X’er with some truly delightful stories and he’s full o’knowledge, so I know you’re going to love this episode.

Matt Franklin is a serial entrepreneur from Portland, OR. He’s run a one-man video production company since 2006 and on the side, he’s a part-time product developer. His most successful product landed him on Shark Tank in Season 4.

Since his Shark Tank appearance, he’s spoken with hundreds of entrepreneurs of all experience levels as they try to launch new products and businesses. In doing so, one thing he discovered is that self-employed people and gig workers are terrible about retirement planning and investing. There are a number of reasons, but being behind on retirement preparation seems to be a universal problem among entrepreneurs.

Upon realizing that he too, was unprepared for his golden years, Matt became obsessed with retirement investing, while at the same time running his businesses. He completely overhauled his investment strategy, and by getting out of the stock market and into cash-flowing investments like rental houses and apartment syndications, he was able to shave ten years off his working life. Now enjoying “pre-tirement,” Matt is hosting a podcast called the Rogue Retirement Lounge. His mission is to help entrepreneurs and self-employed people develop retirement strategies so that they won’t have to work into their seventies.