If you want to save for retirement or financial independence then you should be investing in a retirement account . There's many retirement accounts out there, but in this video I'll break down a 401k vs Roth 401k. I'll also explain the difference between a 401k and Roth IRA, and the order of accounts you should be investing in between a 401k, Roth IRA and taxable brokerage account. At the end I walkthrough how to look at the funds available in your 401k and how to select the best ones. I do this through a Fidelity 401k, but the process in selecting funds is the same no matter the company holding your 401k. 0:00 Video Breakdown 1:19 Traditional 401k vs Roth 401k 4:45 Which one is better 8:10 401k, Roth IRA, Taxable Brokerage Order 10:54 Selecting the best investment in Fidelity 401k ▼ ▽ WATCH NEXT! Vanguard Roth IRA Guide | The Only Stock You Need To Invest In | Stock Market Investing for Beginners Series | ▼ ▽ Below are products I personally use and recomme...
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 :)