Get a 10-Day Free Trial of Market Insiders: . . 🚨Read Our FREE eBook🚨 Get Richer Sleeping - Investing 101: The 401k is considered the holy grail of investments - the pros of the 401k are obvious, but do you know the costs of investing in your 401k - let's discuss. Subscribe To Our Channel: Recommended: 401K Alternatives To Keep More Money: Roth 401k vs. Traditional 401k - How Will You Retire Richer?: The TRUTH About Your 401(k) That No One Tells You 0:10 - What’s the best way to plan for your future? 0:27 - For the majority of people investing is investing the 401k 0:56 - Why does your 401(k) exist 1:30 - Your company was on the hook for your retirement with pensions 2:22 - The benefits of the 401k 2:53 - The cost of your 401(k) 3:26 - What the average American pays in 401(k) fees 4:18 - The risk of investing in your 401(k) 5:23 - The tax benefits or costs of investing in the 401k 6:34 - The flaws of 401k being a tax shield 8:00 - Tax rates will greatly aff
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)