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Showing posts with the label InvestingforRetirement

My HUGE Roth IRA Mistake (Strategy + M1 Finance Portfolio)

I started getting serious about my Roth IRA about a year ago - but that didn't stop me from making a costly mistake this year. I'm breaking down my Roth IRA strategy and the mistake that cost me thousands! 00:00 - Intro 1:20 - My Roth IRA Strategy 4:28 - My Roth IRA Holdings & Allocations 9:48 - My Roth IRA Mistake 11:07 - My Roth IRA Portfolio Reveal 🚨 Subscribe to the channel: 🚨 ••••••••• 📈 Start investing on the platforms below for FREE stocks & more: ⬇️ BEST PASSIVE INVESTING BROKERAGE ⬇️ 🥧 Get $50 on M1 Finance (with any deposit): 🐂 Get 2 FREE Stocks on WeBull (w/ $100 Deposit): 🌽 Get $40 in BTC on Celsius Network & Earn 6.2% Interest (with $400 Deposit): 💎 Get $10 in BTC on Gemini + Low Trading Fees/Free Withdrawals (just trade $100): 📹 Interested in camera stuff? Here's the equipment I use to shoot my videos: ••••••••• Since I’m only 25, I am willingly taking on a little more risk in my portfolio, because I’ve got near

2 things people misunderstand about the Roth IRA for retirement.

When talking about the Roth IRA there are many things people misunderstand. One of them is the 5 year rule that applies to the Roth IRA. Any contributions that you make to a Roth IRA are ALWAYS available for you to withdrawal at anytime. Even if you are not currently of retirement age you can still take out any contributions you make to a Roth IRA. The 5 year rule applies to those that are currently of retirement age only and affects the gains in the Roth. The other is the tax ramifications of withdrawals from a Roth IRA. Of course when you retire at 59.5 or older you can withdrawal any amount you want from your Roth IRA. If you withdrawal only contributions prior to that age then you are not required to pay any tax or penalty. It is only on the gains that you would pay a 10% penalty if you withdrew that early. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments and, using NestEgg we can help you with eve

When Using A Traditional IRA Can BACKFIRE On You ⚠️

... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA When you are saving for retirement, you may be considering investing in a traditional IRA. While there are many advantages to a traditional IRA, there are also some potential drawbacks that you should be aware of. In this article, we will discuss when using a traditional IRA can backfire on you. First, it is important to understand that a traditional IRA is a retirement savings account that allows you to contribute pre-tax dollars. This means that your contributions are not taxed until you withdraw them in retirement. While this can be a great way to save for retirement, it can also backfire if you don’t plan ahead. If you withdraw funds from your traditional IRA before you reach the age of 59 ½, you will be subject to an additional 10% penalty in addition to the regular income tax. Thi

Roth IRA Eligibility | Your Questions, Answered

I make too much money to contribute to a Roth IRA. Is there something I can do to be eligible to contribute? Roth IRAs have a maximum income limit where you become ineligible to contribute. Brian Leitner sits down with Andreas Scott, managing director & senior wealth advisor at Mariner Wealth Advisors, to discuss strategies to contribute to a 401(k) even if you are over the max household income limit. Brian and Andreas highlight potential concerns with backdoor Roth IRAs, as well as when is the best time to start the process of contributing based on the calendar year. 0:00 Intro 0:20 Strategies to Become Eligible 1:02 Backdoor Roth IRA Process 1:50 Potential Concerns 2:48 Legislation 3:32 More Information 4:25 Outro #RothIRA #RothIRAcontributions #retirement For more information, please visit us online at Subscribe and listen to our podcast, Your Life Simplified Apple Podcasts - Spotify - CONNECT WITH US ON SOCIAL LinkedIn - Facebook - Twitter - Instag

401k vs. Roth IRA- The Correct Sequence of Investing- Zero to Hero Challenge- Week #3

This is the third week of the zero to hero challenge and this weeks challenge is to fund your 401k or your Roth IRA. Contributing to these accounts regularly and using a dollar cost averaging approach is one of the surest ways to grow wealth over time. How you fund these accounts is highly individual and you should talk to your investment professional to develop an individualized strategy. Cheers! Even God Couldn't Beat Dollar Cost Averaging: Disclaimer: this is not financial advice only my thoughts and opinions.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/401k-vs-roth-ira-the-correct-sequence-of-investing-zero-to-hero-challenge-week-3/?feed_id=54804&_unique_id=63ad63585df6d #Inflation #Retirement #GoldIRA #Wealth #Investing #401kguide #401kvsrothira #ESG #esgfinanace #fichallenge #figui

Top IRA Mistakes To Avoid

Top IRA Mistakes To Avoid: Schedule Your FREE Retirement Assessment Today Make retirement planning Easier Subscribe Now: Download Our Retirement Toolkit: If you are planning for retirement and saving in an IRA, what are some mistakes you should look to avoid so that you can have a successful retirement? In this episode of the Retire Once Show, we discuss mistakes that could end up costing you money in taxes or mistakes that can impact your intended beneficiaries. Submit questions to the show at Retire@theoremwm.com - Johnathan Rankin CRPC® CEPA®, Founder & CEO - Melissa Rankin - Wealth Management Advisor - Theorem Wealth Management, Financial Advisor Dallas Texas - Retire Once Show - 2022 Retirement Podcast Series ----------------------- CHAPTERS 0:00 - Introduction 1:25 - Beneficiary Mistakes 4:01 - Inherited IRA Advice 6:08 - Timing IRA Contributions 7:55 - Roth vs Traditional 9:27 - NonDeductable Contributions 10:34 - Ignoring NUA 12:50 - Tax Mistakes 14:41

How To Retire Wealthy | Ultimate Guide

In this video, I'll show you how to start investing for retirement for beginners, step by step. We'll discuss how to plan for retirement, which retirement accounts are best, and how to choose your retirement investments. We'll pay close attention to the target date index fund. How To Start A Roth IRA video: ► FREE COURSES AND MONEY MAKING RESOURCES - Mayo University: ► FREE STOCKS - Get 6 free stocks worth up to $12600 when you deposit $0.01 with Webull: - Get free stock up to $300 with Public: ► HOW I MAKE MY VIDEOS - All of my equipment: - My music: - My title effects: - My graphics + stock footage: - How I make my thumbnails pop: ► OPEN A ROTH IRA AND START INVESTING - M1 Finance: ► FOLLOW ME - Instagram: *None of this is meant to be construed as investment advice, it's for entertainment purposes only. The links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partner web

Take the Mystery Out of Saving For Retirement: Roth IRA vs. Traditional IRA

Saving for retirement with a Roth IRA versus a traditional IRA can have an impact on how much money you have once you stop working. Financial experts Joe Anderson and Alan Clopine go over the differences and the impact it can have on your retirement savings. Broadcast Date: June 4, 2017 If you would like to schedule a free assessment with one of our CFP® professionals, click here: Make sure to subscribe to our channel for more helpful tips and stay tuned for the next episode of “Your Money, Your Wealth.” Channels & show times: IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing

Financial Planning for Retirement | Lower 401k Fees, Backdoor Roth +

My Free PDF's WEBSITE: RetireCertain.com CONTACT: Camille @ Retire Certain . com ABOUT: Retire Certain helps proactive investors use their assets to fund their desired lifestyle before and during retirement. Nothing in this video is meant to be taken as personal financial advice. This channel is owned and operated by Brigadoon Investments, LLC. To support this website, RetireCertain.com may suggest their products or participate in select affiliate programs and be compensated for referring traffic and business to these companies. Camille Gaines, AFC Investment coach Accredited Financial Counselor Reach Justin Pritchard, CFP at: Justin's YouTube Channel: ... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/financial-planning-for-retirement-lower-401k-fees-backdoor-roth/?feed_id=46586&

4 Ways To Grow Your Roth IRA

Today we're talking Roth IRA's and different ways that you can grow yours! We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. #retirement #retirementplanning #dohstr8 ---Ready to subscribe--- For more information visit: --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/4-ways-to-grow-your-roth-ira/?feed_id=45816&_unique_id=638aface7e9ff #Inflation #Retirement #GoldIRA #Wealth #Investing #401kinvesting #InvestingforRetirement #irainvesting #personalfinance #realestate #Retirement #retirementinvesting #retirementplanning #ROTH401k #RothIRA #rothiraexplained #rothiraex

2023 Retirement Plan Contribution Limit INCREASES! 401k, IRA, etc.

The IRS has announced HUGE Increase to 2023 401k, IRA, 403b, SIMPLE IRA, SEP IRA, Solo 401k Contribution Limits! Due to inflation the IRS has made big increases to the 2023 retirement plan contribution limits! What you need to know about the new retirement plan contribution limit increases for 2023. As you prepare for retirement, it's important to be aware of the new retirement plan contribution limits for 2023. In this video, we'll tell you all you need to know about these limits, so you can make the best decisions for your 401k, 403b, 457, IRA, SIMPLE IRA or SEP IRA, or Solo 401k. Makes changes now for Jan, 2023! The 2023 Retirement Plan contribution limit increases have been announced. What you need to know! Schedule an appointment to consult with us: Email (Clark): clark@clarkatterbury.com Email (Keeley): keeley@clarkatterbury.com Web: https//www.clarkatterbury.com Connect with us on social media: Facebook: LinkedIn: Twitter: Offices: Carlsbad & R

Reasons why you should be investing in a Retirement Annuity

Did you know that only 6% of all South Africans will be able to retire comfortably! An RA is a great way for you to put money away for your future, and it is tax-deductable. It should be a huge consideration if you don't have a company pension fund in place. If you're interested in receiving information on Allan Gray Retirement Annuities, simply click on the link below & enter your details - a financial advisor will then contact you. ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/reasons-why-you-should-be-investing-in-a-retirement-annuity/?feed_id=41175&_unique_id=63791f5f437f8 #Inflation #Retirement #GoldIRA #Wealth #Investing #financialadvice #FinancialFuture #FinancialPlanning #investing #InvestingforRetirement #Investments #PAYE #Retirement #retirementann

Is It Too Late To Start A 403B?

Thinking about saving more for retirement but wondering if it might be too late? In this video I'll explain why it can still make sense to put money away even if you only have 6 months left until retirement. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🙋🏽‍♀️ Need help? Schedule A Meeting : ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🎯Get TRS 3, PERS 3 & DCP Investment Advice Here: 💥💥 The Only Place To Receive Ongoing, Personalized Investment Advice, So You Can Confidently Invest In Your TRS 3, PERS 3 & DCP Retirement Plans! ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📚Free E-Book Downloads: 7 Money Murdering Mistakes Washington Teachers Make: 5 Ways To Avoid Running Out Of Money Without Risking A Dime: ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ✉ Join our weekly e-newsletter (Free Gift After Joining): ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ❓ Have a question or topic you'd like us to cover in the future? Let us know! You will remain 100% Anonymous so ask away 😁 ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Masterclasses: Ho

How To Invest Your 401k

401k investing retirement planning retirement investing How to Invest your 401k For many, your 401k may be your single largest retirement savings investment. Do you understand your investment options? In this video I discuss... ** Target Date Funds ** Mutual Funds ** Collective Investment Trusts ** Advice from your plan provider ** Self Direct 401k Option ** Exchange Traded Funds in your 401k (ETF's) Thank you for watching! Please subscribe to our channel if you like the content. Retirement planning can seem overwhelming, and it's hard to know where to start. I am passionate about retirement planning and financial Education! Here are a few ways that we might be able to help; 1. Watch our free educational videos here on our YouTube Channel 2. Like the Money Evolution Facebook Page. Additional investment and retirement planning content, including Live Stream Market, updates not on the YouTube Channel. 3. The Retirement Time Machine online course! Over 13 h