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. The 401k isn't the best investment tool out there. In this video we go over many 401(k) alternatives so you can keep more of your money
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The TRUTH About Your 401k That No One Tells You:
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Investing Your Money:
401k Alternatives To Keep More Money
0:10 - Some of the biggest cons of investing in the 401k
0:40 - Why people were upset to learn the truth about the 401k & the 401k should not be your sole investment
1:08 - What Ted Benna is the father of the 401k and says the 401k is failing American people
1:48 - The first 401k alternative is the Roth 401k
2:24 - Tax differences between your Traditional 401(k) vs. Roth 401(k)
4:07 - The second 401k alternative is thinking outside of the box - the investment match
5:10 - Instead of a 401k match what I created for my employees
6:08 - The third 401k alternative that’ll let you save huge amounts of money in fees
6:55 - How much your 401k fees might cost you
8:19 - Are 401k fees worth it?
9:12 - The fourth and BEST 401k alternative to grow your money tax free
9:55 - How to grow your money tax free in real estate
11:03 - More tax breaks that come with real estate
What Is The Minority Mindset?
The Minority Mindset has nothing to do with the way you look or what kind of family you're from. It's a mindset.
Give the majority $200 and they will come back with a pair of shoes. Give the minority $200 they will come back with $2,000.
Think from the mindset of a consumer and be the provider, that's the Minority Mindset. Don't be the majority. #MIH #ThinkMinority
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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
401k Alternatives to Keep More Money Saving for retirement is a vital financial goal for all individuals. Traditionally, the 401k plan has been the go-to option for many employees to set aside money for their golden years. However, it is worth exploring alternative options to maximize your savings and keep more money in your pocket. Here are some 401k alternatives to consider: 1. Individual Retirement Accounts (IRA): Unlike 401k plans, IRAs offer more flexibility and control over your investment choices. Contributions to an IRA can be made on a tax-deductible basis or after-tax basis, depending on the type of IRA. With IRAs, you have a wider selection of investment options, including stocks, bonds, mutual funds, and even real estate. 2. Roth IRA: A Roth IRA is an excellent alternative for those who anticipate being in a higher tax bracket during retirement. Although contributions to a Roth IRA are not tax-deductible, qualified withdrawals are entirely tax-free. This makes it an attractive option for individuals looking to keep more of their hard-earned money. 3. Health Savings Account (HSA): If you have a high-deductible health insurance plan, consider utilizing an HSA. Contributions made to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. The unique advantage of an HSA is that any unused funds can be rolled over year after year, making it a valuable savings tool for future healthcare costs in retirement. 4. Taxable Investment Accounts: Investing in a taxable brokerage account allows you to have more flexibility and accessibility to your funds. While these accounts don't offer any tax advantages, they don't have any contribution limits or age restrictions. You can invest in stocks, bonds, mutual funds, and other investment vehicles without being tied to any specific retirement rules. 5. Real Estate Investment: Real estate can be an excellent alternative investment to diversify your retirement portfolio. Buying real estate properties, such as rental homes or commercial buildings, can provide a steady stream of income during retirement. Additionally, real estate often appreciates over time, potentially increasing your wealth even further. 6. Annuities: Annuities are insurance contracts that offer a guaranteed income stream during retirement. They can be purchased through a lump-sum payment or regular contributions over time. Annuities provide stable income, allowing you to plan your retirement finances more efficiently. It's essential to keep in mind that these alternatives may not be suitable for everyone, and it is always advisable to consult with a financial advisor to determine the best options for your unique circumstances. Additionally, diversifying your retirement savings across different investment vehicles can help reduce risk and optimize returns. While the 401k plan may still be a viable option for many employees, exploring alternatives can help you keep more money in your pocket and provide greater control over your retirement savings. Consider these alternatives and plan for a financially secure retirement. https://inflationprotection.org/different-options-besides-401k-to-increase-your-savings/?feed_id=138706&_unique_id=650dd41bf0f56 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kalternatives #401kAlternativesToKeepMoreMoney #401kFees #401kfordummies #401kinvesting #401kisfailing #401ktaxbreaks #401kvsroth401k #best401kalternative #howtoinvestin401k #is401kworthit #jaspreetsingh #minoritymindset #minority123 #minoritymindset #tedbenna #thinkminority #truthaboutyour401k #401k #401k #401kalternatives #401kAlternativesToKeepMoreMoney #401kFees #401kfordummies #401kinvesting #401kisfailing #401ktaxbreaks #401kvsroth401k #best401kalternative #howtoinvestin401k #is401kworthit #jaspreetsingh #minoritymindset #minority123 #minoritymindset #tedbenna #thinkminority #truthaboutyour401k
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
401k Alternatives to Keep More Money Saving for retirement is a vital financial goal for all individuals. Traditionally, the 401k plan has been the go-to option for many employees to set aside money for their golden years. However, it is worth exploring alternative options to maximize your savings and keep more money in your pocket. Here are some 401k alternatives to consider: 1. Individual Retirement Accounts (IRA): Unlike 401k plans, IRAs offer more flexibility and control over your investment choices. Contributions to an IRA can be made on a tax-deductible basis or after-tax basis, depending on the type of IRA. With IRAs, you have a wider selection of investment options, including stocks, bonds, mutual funds, and even real estate. 2. Roth IRA: A Roth IRA is an excellent alternative for those who anticipate being in a higher tax bracket during retirement. Although contributions to a Roth IRA are not tax-deductible, qualified withdrawals are entirely tax-free. This makes it an attractive option for individuals looking to keep more of their hard-earned money. 3. Health Savings Account (HSA): If you have a high-deductible health insurance plan, consider utilizing an HSA. Contributions made to an HSA are tax-deductible, grow tax-free, and can be withdrawn tax-free for qualified medical expenses. The unique advantage of an HSA is that any unused funds can be rolled over year after year, making it a valuable savings tool for future healthcare costs in retirement. 4. Taxable Investment Accounts: Investing in a taxable brokerage account allows you to have more flexibility and accessibility to your funds. While these accounts don't offer any tax advantages, they don't have any contribution limits or age restrictions. You can invest in stocks, bonds, mutual funds, and other investment vehicles without being tied to any specific retirement rules. 5. Real Estate Investment: Real estate can be an excellent alternative investment to diversify your retirement portfolio. Buying real estate properties, such as rental homes or commercial buildings, can provide a steady stream of income during retirement. Additionally, real estate often appreciates over time, potentially increasing your wealth even further. 6. Annuities: Annuities are insurance contracts that offer a guaranteed income stream during retirement. They can be purchased through a lump-sum payment or regular contributions over time. Annuities provide stable income, allowing you to plan your retirement finances more efficiently. It's essential to keep in mind that these alternatives may not be suitable for everyone, and it is always advisable to consult with a financial advisor to determine the best options for your unique circumstances. Additionally, diversifying your retirement savings across different investment vehicles can help reduce risk and optimize returns. While the 401k plan may still be a viable option for many employees, exploring alternatives can help you keep more money in your pocket and provide greater control over your retirement savings. Consider these alternatives and plan for a financially secure retirement. https://inflationprotection.org/different-options-besides-401k-to-increase-your-savings/?feed_id=138706&_unique_id=650dd41bf0f56 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #401kalternatives #401kAlternativesToKeepMoreMoney #401kFees #401kfordummies #401kinvesting #401kisfailing #401ktaxbreaks #401kvsroth401k #best401kalternative #howtoinvestin401k #is401kworthit #jaspreetsingh #minoritymindset #minority123 #minoritymindset #tedbenna #thinkminority #truthaboutyour401k #401k #401k #401kalternatives #401kAlternativesToKeepMoreMoney #401kFees #401kfordummies #401kinvesting #401kisfailing #401ktaxbreaks #401kvsroth401k #best401kalternative #howtoinvestin401k #is401kworthit #jaspreetsingh #minoritymindset #minority123 #minoritymindset #tedbenna #thinkminority #truthaboutyour401k
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