If you’re close to retirement, one crucial aspect to consider is what to do with your hard-earned 401k savings. This decision requires careful thought and planning, as it can significantly impact your financial well-being in the long run. James covers the key considerations to get the most out of your 401k plan:
➡️ Analyzing Costs
➡️ Assessing Control + Ease of Use
➡️ Examining Investment Options
➡️ Consolidations for Simplicity
➡️ Coordinating Withdrawal Strategies
In addition to those factors, there are several other important considerations: understanding tax implications, net unrealized appreciation, and penalty-free distributions.
Learn the tips & strategies to get the most out of life with your money.
Get started today →
Subscribe to be notified for future videos:
_ _
For more resources and content, check us out below!
🔔Subscribe to our channel to learn more about all things portfolio management
🎧 Listen to our podcast
🧑💻 Visit our website to learn more about us
👥 Connect with us on Facebook
📷 Connect with us on Instagram
🔗 Follow us on LinkedIn
_ _
⏱ Timestamps ⏱
0:00 Intro
1:58 Costs
3:14 Control
5:04 Investment options
6:41 Consolidations
8:21 Ease of Use
9:10 Coordination
10:39 Tax implications
12:17 Net unrealized appreciation
13:24 Penalty-free distributions
14:21 Outro
Other videos we think you'll like:
About Root:
Worried about retirement? Start here: ...(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
Write an article about What Should You Do with Your 401k When You Retire? in English https://inflationprotection.org/what-to-consider-with-your-401k-upon-retirement/?feed_id=135773&_unique_id=6501f0ed20036 #Inflation #Retirement #GoldIRA #Wealth #Investing #personalfinance #benefitsofinvesting #dividendinvesting #donoradvisedfund #financialeducation #FinancialPlanning #financialplanningat50 #financialplanningat60 #howdoIretire #individualretirementaccount #investing #ira #longterminvesting #prosandconsofinvesting #Retirement #retirementplanning #rothconversions #RothIRA #TaxPlanning #taxes #401k #personalfinance #benefitsofinvesting #dividendinvesting #donoradvisedfund #financialeducation #FinancialPlanning #financialplanningat50 #financialplanningat60 #howdoIretire #individualretirementaccount #investing #ira #longterminvesting #prosandconsofinvesting #Retirement #retirementplanning #rothconversions #RothIRA #TaxPlanning #taxes
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
Write an article about What Should You Do with Your 401k When You Retire? in English https://inflationprotection.org/what-to-consider-with-your-401k-upon-retirement/?feed_id=135773&_unique_id=6501f0ed20036 #Inflation #Retirement #GoldIRA #Wealth #Investing #personalfinance #benefitsofinvesting #dividendinvesting #donoradvisedfund #financialeducation #FinancialPlanning #financialplanningat50 #financialplanningat60 #howdoIretire #individualretirementaccount #investing #ira #longterminvesting #prosandconsofinvesting #Retirement #retirementplanning #rothconversions #RothIRA #TaxPlanning #taxes #401k #personalfinance #benefitsofinvesting #dividendinvesting #donoradvisedfund #financialeducation #FinancialPlanning #financialplanningat50 #financialplanningat60 #howdoIretire #individualretirementaccount #investing #ira #longterminvesting #prosandconsofinvesting #Retirement #retirementplanning #rothconversions #RothIRA #TaxPlanning #taxes
Comments
Post a Comment