Skip to main content

Should You Invest In A Roth 401k Or Traditional 401k


Investing in a Roth 401k vs Traditional 401k is not always an easy decision. To help make the right decision for you, this video goes through what a Roth and Traditional 401k are and takes a look at what could be the better option. Instead of doing basic math to give you an idea, I take a financial planning approach and go through my financial planning software and share the details, looking at what whether your chances of retirement are better with the Roth 401k or the Traditional 401k. *This video is intended solely for entertainment and educational purposes. All content provided are opinions of Eric W. Powell and are not to be considered tax and or financial advice* ☎️ To book a complimentary call with a fiduciary advisor and join the movement to help everyday investors grow their wealth** 0:00 Intro TheFutureMill.com 1:00 Tax Rates 1:20 Roth 401k and Traditional 401k explained 3:25 Employer contribution is tax deferred 4:00 Financial Planning tax deferred Traditional 401k 5:00 Invested vs no invested retirement success percentage 5:45 Today's dollars vs future dollars 6:30 Inflation projections 7:00 Roth 401k contributions 7:30 Tax savings explanation 8:05 Roth 401k probability of success in retirement 8:35 Tax rate on income 9:00 Reduce Roth 401k due to tax cost 9:35 How the Roth 401k was affected with less contributions due to tax 10:15 What if taxes rise in retirement 11:45 What is the best based on the financial plan 11:55 Inherited money tax Instagram @TheFutureMill Facebook Join the Private FB Group: ...(read more)


LEARN MORE ABOUT: 401k Plans
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
https://inflationprotection.org/should-you-invest-in-a-roth-401k-or-traditional-401k/?feed_id=46180&_unique_id=638c59896f9a1 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kinvesting #401KInvestingBasics #401korroth401k #ericw.powell #personalfinance #retirementplanning #ROTH401k #roth401kvs401k #roth401kvstraditional401k #RothorTraditional #rothvstraditional #thefuturemill #traditional401k #traditional401korroth401k #401k #401k #401kinvesting #401KInvestingBasics #401korroth401k #ericw.powell #personalfinance #retirementplanning #ROTH401k #roth401kvs401k #roth401kvstraditional401k #RothorTraditional #rothvstraditional #thefuturemill #traditional401k #traditional401korroth401k
Labels:

Comments

Post a Comment

Popular posts from this blog

"Is Birch Gold Group a Reliable Choice for Your 2023 Gold IRA Investments?" - A Quick Review #shorts

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch Gold is a top choice to trust your hard-earned retirement savings. Birch Gold Group’s low initial investment minimum is another edge it has over its competitors whose minimums can range from $25,000 to $50,000. A beginning $10,000 minimum investment is all that is required to start a GOLD IRA with Birch which is advantageous for first-time investors. Spanning nearly two decades, Birch Gold Group’s mission and philosophy focus on a commitment to understanding your needs and finding the right fit for ...
Post a Comment
Read more

Birch Gold Group Review 2023 – Best Gold IRA Company? Pros and Cons

In this Birch Gold Group review video, I go over what makes this Gold IRA company unique, the pros and cons, their fees, minimums, and much more. See chapters in the description. Get their free guide here: 👉 FREE Resources: ➜ Gold IRA Company Reviews: Chapters: 0:00 - Intro 0:26 - Is Gold a Good Investment? 1:03 - What is Birch Gold Group? 1:37 - IRA Eligible Coins 1:59 - Is Birch Gold Group a Legitimate Company? 2:50 - How Does Birch Gold Group Work? 3:34 - Birch Gold Group’s Fees and Investment Options 4:02 - Birch Gold Group Low Minimum Investment 4:29 - Birch Gold Group Storage and Security 5:34 - Con #1 – No Overseas Storage Options 5:49 - Con #2 – Initial Setup Fees 6:02 - Birch Gold Group Review Summary Birch Gold Group boasts high ratings from consumer advocate groups. With an A-plus rating from the Better Business Bureau, a triple-A rating from the Business Consumer Alliance, and high marks from Trust Link, Trustpilot, and Google Business, Birch...
Post a Comment
Read more