Timothy Sumer

ACCOUNTANT EXPLAINS: Path to Prosperity | Unlocking the Magic of a 401k aarp.org/work/retirement-planning/401k_calculator.html 00:00 Intro 01:57 Ingredients to a 401k plan 03:06 Early withdrawal penalties 04:03 Let your money grow 07:57 How much should you contribute? 11:42 Real examples of investments and their outcome 12:06 401k calculator 12:20 Assumptions 12:40 $35k salary, 1% contribution, start at age 26 14:45 $35k salary, 4% contribution, start at age 26 15:43 $55k salary, 1% contribution, start at age 26 16:06 $55k salary, 4% contribution, start at age 26 17:13 $100k salary, 4% contribution, start at age 26 MILLIONAIRE STATUS 18:05 Investing in your 30s. It's not too late. 19:28 $55k salary, 4% contribution, start at age 35 20:06 $100k salary, 4% contribution, start at age 35 20:27 $100k salary, 4% contribution, start at age 40 21:00 $100k salary, 22.5% contribution ($22,500 max for 2023), start at age 40 MILLIONAIRE STATUS... ( read more ) LEARN MORE

👉🏽 My first $100k tracker (free): 📝 Money Mini-Crash Course (free): ➡ My Free YouTube Guide: ⌚Timestamps: 00:00 - Intro 00:37 - Avoid Toxic Lending 01:02 - Stockpile 02:19 - Don't crystallise 03:27 - Buy Now 04:59 - All-weather income 05:55 - Update your CV MY FILMING EQUIPMENT: 📷 Camera: 🔍 Lens: 🎙️ Microphone: 🔭 Tripod: 💡 Lighting: KEEP IN TOUCH: 🌍 My website - 📸 Instagram - 🔵 Facebook - DISCLAIMERS & DISCLOSURES ❤ This content is for education and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. This description contains affiliate links that allow you to find the items mentioned

Looking forward to your annual income can be exciting, but the thought of the taxes that will be withheld can quickly dampen your mood. It can feel like you're working for two companies, but only getting paid by one. However, there may be a way to reduce your tax bill that is within the bounds of the law. Before we delve into that, it's important to clear up a common misunderstanding about tax payments. Staying within a certain tax bracket can prevent you from having to pay a higher percentage of your income in taxes, but it's worth considering that as your income increases, your tax liability may increase as well. Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content! DISCLAIMER: Invest Wise are not financial advisors or brokers. All the information, strategies, tips & tricks etc. shared

Inflation is a centre focal point at the moment and will be for some time. Inflation affects all us directly. In this video I share 6 ways I am making money and protecting my wealth during high inflation. Jumoke x - - - - - - - - - - - - - - - DISCLAIMER: The views expressed in this video are explicitly my own opinions and this video is for entertainment and educational purposes only. These views are NOT solicitation or recommendation buy or sell financial assets. I do not provide financial advice in this video. You should always conduct independent research of your own before investing. Investing of any kind involves risks and you are solely responsible for these. * NOTE: INVESTMENTS CAN RISE AND FALL - PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE RESULTS. #howtoinvest #inflation #moneyhabits... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: