Timothy Sumer

do YOUR kids have a ROTH IRA? 🤯🤯🤯 🔑 this is a game changer for real even if you have to start small, being consistent with building your kids wealth portfolio will help to set them up for future success! 💕 do you want to learn more about how to hire your kids, grants and generational wealth?? Then join my FREE Mommy 2 Millionaire Masterclass! Click the link below to register!! 🚨 Join my FREE FULLY FUNDED MASTERCLASS this Thursday 4/20 @7PM EST 💰 ➡️ Secure Your Spot Here: & don't forget your prep kit! ... ( 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 A custodial Roth IRA is a powerful investment tool that can help individuals build generational wealth. In this article, we will explore what a custodial Roth IRA is, its benefits, and how it can be used to secure a brighter financial future. A custodial Roth IRA is

85% of Fortune 500 CEOs use life insurance as their primary vehicle for their retirement planning 🤔 Here are 5️⃣ easy-to-understand reasons that you should consider doing this same: ✅ No Penalties for taking money out prior to 59–1/2 (complete accessibility) Unlike traditional retirement accounts (401k’s, IRA’s, pensions, etc) there are no 10% penalties for taking money out of #lifeinsurance contracts prior to the recognized retirement age of 59–1/2, like most other retirement plans. ✅ No 1099s (tax-deferred growth) Money inside of these contracts is allowed to accumulate tax-deferred, just like most retirement plans. This allows you to accumulate wealth without having to pay unnecessary taxes year after year. ✅ Distributions are not considered reportable income (no income = no taxes!) Taking money out of these contracts in the right way allows you to fly completely under the IRS’ radar, meaning none of the money you pull out will be subject to income tax (because it’s

I will show you how to Invest in the TSP in 2022 using the strategies of the best investors in the world. I share 5 different asset allocations for you to choose from. These are investing methods used by financial gurus and master investors like Warren Buffett and Dave Ramsey. I give you the exact TSP asset allocation, what percentage of what fund, to mimic the strategies of the best investors. I give you the changes you should and shouldn't make in your portfolio in 2022. I talk about deadly TSP mistakes you want to avoid at all costs. Lastly, I discuss how to protect your TSP balance as you approach retirement by using bonds. Invest like the best investors in the world. To view my blog post on this, see: To view my blog post on protecting your portfolio as you near retirement, see: ... ( read more ) LEARN MORE ABOUT: Thrift Savings Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST

Inflation: The Silent Wealth Thief | Protecting Your Wealth and Beating Inflation Inflation is a silent force that erodes the value of your hard-earned money over time. It's important to understand how inflation affects your purchasing power and why it's crucial to take steps to protect your wealth. In this video, we delve into the impact of inflation and how you can fight back to secure your financial future. We start by comparing the purchasing power of $20 in 1932 versus today. It's astonishing to see how much less you can buy with the same amount of money due to inflation. While $20 in 1932 could have bought you 482 gallons of gas, 427 gallons of milk, 675 dozens of eggs, and 2700 first-class stamps, today it can only get you 7 gallons of gas, 6 gallons of milk, 10 dozens of eggs, and 40 first-class stamps. The difference is staggering. But why does inflation happen? It's not a natural phenomenon; rather, it's a result of monetary policies and actio

Episode 12 - Traditional IRA vs Roth IRA My Blog: Connect with me here: ... ( 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 Traditional IRA vs Roth IRA: Understanding the Differences When it comes to planning for retirement, individual retirement accounts (IRAs) have become increasingly popular among Americans. Two common types of IRAs are the Traditional IRA and the Roth IRA. Both offer potential tax advantages and are designed to help individuals save for their golden years. However, understanding the differences between the two is crucial in making informed decisions about which type of IRA best suits one's financial goals. Firstly, let's explore the Traditional IRA. With a Traditional IRA, contributions can be tax-deductible, meaning one can reduce their taxable income by contributing to the account. This could poten

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Best viewed in 720 - sometimes 1080 makes the color weird. Thank you so much for watching! Please subscribe if you enjoyed! This video DOES NOT go into tax specifics as I am not a tax advisor. For more details on the 8606 form, see: Site I used to open my IRA and Roth IRA: If you contribute the maximum of $6000 per year starting at the age of 18 and you average a 7% return…you’ll have $2.1 MILLION Dollar by the age of 65. Learn about Traditional IRA: Advantages: Grow potential earnings tax deferred; No income limitations to open an account; Current year contributions may be tax-deductible However, you'll pay taxes on deductible contributions and earnings when you take out money in retirement. Learn about Roth IRA: Advantages: Earnings grow tax-free; Qualified tax-free withdrawals; No mandatory withdrawals (unlike a Traditional IRA) Roth IRA contributions are made on an after-tax basis. However, keep in mind that your eligibility to contribute to a Roth IRA is ba

In this video, I give a crash course on individual retirement accounts. I compare Roth IRAs with Traditional IRAs with 401ks. I analyze the tax advantages of each of these retirement accounts and when you should use each based on their tax advantages. I also look at the contribution limits for different IRA retirement accounts, when you can pull your money from a Roth IRA both penalty and tax-free. I point out that you can pull your principal out of your Roth IRA penalty and tax-free at any time. How much do you need to contribute to become a millionaire in your IRA savings by the time you are 65? I analyze what it would take to get to $1 million in retirement savings if you start at 20, 30, 40, 50 and 60 starting with $0 in savings. I cover the order in which you should contribute to your IRA accounts starting with getting all of your employer's match in your 401(k), then contributing to your IRA until you max it out and then contributing to your 401(k) until you rea

#short #shorts $1,000 Challenge Stock Trading in a Small Roth IRA | UPDATE 3.24.23 I trade stocks in my throwaway Roth IRA account (for tax purposes) but I want to show that it's possible to take a small amount of money (my all-in total is currently $228 for this account) and have it blowupchuwate to $1,000+. We tryin' to get that money haha. Peace, Love, and Enjoi You Are Beautiful PS: Please consider subscribing to the channel and liking the video it helps -Afro Senpai CREATIVE COMMONS / FAIR USE MUSIC AND/OR VIDEO (if applicable): Music: SOCIAL: If you are viewing my work for the first time please follow me on the Social Media below and/or you can track my progress on my goal 24/7 on the website: Facebook Investing Group for Beginners: Instagram: Afro.Senpai.YAB PlayStation Network: MosDefOtaku Tik Tok: AfroSenpai Twitch: SSJ_Afro_Senpai | Patreon: YouTube - Afro Senpai Gaming YouTube - Afro Education MY MERCH: My Book ‘Trust Me I’m Not Rich...Yet

#short #shorts $1,000 Challenge Stock Trading in a Small Roth IRA | UPDATE 3.17.23 I trade stocks in my throwaway Roth IRA account (for tax purposes) but I want to show that it's possible to take a small amount of money (my all-in total is currently $228 for this account) and have it blowupchuwate to $1,000+. We tryin' to get that money haha. Peace, Love, and Enjoi You Are Beautiful PS: Please consider subscribing to the channel and liking the video it helps -Afro Senpai CREATIVE COMMONS / FAIR USE MUSIC AND/OR VIDEO (if applicable): Music: SOCIAL: If you are viewing my work for the first time please follow me on the Social Media below and/or you can track my progress on my goal 24/7 on the website: Facebook Investing Group for Beginners: Instagram: Afro.Senpai.YAB PlayStation Network: MosDefOtaku Tik Tok: AfroSenpai Twitch: SSJ_Afro_Senpai | Patreon: YouTube - Afro Senpai Gaming YouTube - Afro Education MY MERCH: My Book ‘Trust Me I’m Not Rich...Yet

In this video I will be sharing what I'm doing today to increase my wealth. Step by Step how I invest in my Fidelity Investments Account. My purpose is to document my journey from debt to wealth and motivate you to achieve your biggest goals too! #financialindependence #investing #firemovement #fijourney #debtpayoff #fromdebttowealth #money #personalfinances #millionaire... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERT IRA TO GOLD: Gold IRA Account CONVERT IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/building-wealth-step-by-step-index-fund-investing-fidelity-investments-portfolio-update/?feed_id=62574&_unique_id=63cb56b71d8d5 #Inflation #Retirement #GoldIRA #Wealth #Investing #debtpayoff #fijourney #FIRE #FIREmovement #fromdebttowealth #indexfunds #Investments #millionaire #Stocks #wealth #FidelityIRA #debtpayoff #fijourney #FIRE #FIREmovement #fromdebttowealth #indexfunds #In

A quick demonstration of the power of compound interest and how starting a Roth IRA early can help you become a millionaire. Reminder: you must be 59.5 years of age before you can withdraw from a Roth so keep that in mind. Thanks for watching! Subscribe Compound Interest Calculator Used in This Video: Disclaimer: Do not invest your money without doing your own due diligence. Make sure you invest because YOU want to. Do NOT invest simply because of a video. Investments can lose money. What Stuff Do I Use? Golf Ball: Golf Tees: Alignment Sticks: Range Finder: Groove Cleaner: More Golf Videos: Instagram: #golf #golftips #golfswing For Business Inquires Only: corygolfsvideos@gmail.com DISCLOSURE: Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CON

A lot of people ask, what is the best plan to save for retirement? From my experience, working with lots of millionaire retirees, most of them did it through systematic saving over the course of their career, into a qualified retirement plan. Things like a 401k, a 403B a SEP IRA, a simple IRA. What is the right plan for you? Learn more on my website: Get in touch: Retirement blog: #RetirementPlan #retirementplanning #jeremykisner ... ( 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/what-is-the-best-retirement-plan-for-me-with-closed-captions/?feed_id=56995&_unique_id=63b5e19f7142f #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #402B #financial #financialplan #ira #jeremyKisner #millionaire #money #plan #retire #retireamillionaire #retiree #Retirement #retirementplan #RothIRA #sel

Casino talks about whether you can become a 401k Millionaire making only $50,000 a year? Get my book: Big Shot Hot Shot vol 1: Own Your Trucking Authority Casino "Alpha" Watch: Follow me on instagram: @kingcasino1 Email: iamkingcasino@gmail.com Business inquiries: casinoisthename@gmail.com Equipment: Camera Mic Watch Put My Mom on the Spot Real Estate vs Trucking, $70,000 Investment, Why I am Not Buying More Realestate Hot Shot Trucking vs Semi Trucking Real Estate vs Trucking Part 2 Reactions to My Real Estate vs Trucking Video, Inspiration or Desperation ... ( 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 https://inflationprotection.org/become-a-millionaire-with-a-9-to-5-job-401k-millionaire-tsp-millionaires/?feed_id=50457&_unique_id=639cdb88a4a2f #Inflation #Retirement #GoldIRA #Weal

5 Minutes to an Easy Retirement! Make Instant Money just by using these to your advantage! Let it make money for you! More projects and updates to come. **Don't forget to subscribe for more videos!!! **Follow on Instagram @ the_detterbecks... ( 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/instant-money-traditional-ira-vs-roth-ira/?feed_id=48154&_unique_id=6393ee817cc38 #Inflation #Retirement #GoldIRA #Wealth #Investing #compoundinterest #howtoretireearly #howtosavemoney #investingforbeginnersstocks #millionaire #money #personalfinance #personalfinanceforkids #prosandcons #retirementaccounts #retirementplanning #retirementplanningfordummies #RothIRA #rothiraexplained #rothiraexplainedfordummies #rothirahowtobeataxfreemillionaire #rothiravstraditionalira #savingforretirementinyour20s #tra

A lot of people ask, what is the best plan to save for retirement? From my experience, working with lots of millionaire retirees, most of them did it through systematic saving over the course of their career, into a qualified retirement plan. Things like a 401k, a 403B a SEP IRA, a simple IRA. What is the right plan for you? Learn more on my website: Get in touch: Retirement blog: #RetirementPlan #retirement #JeremyKisner... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans 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/what-is-the-best-retirement-plan-for-me-jeremy-kisner/?feed_id=42022&_unique_id=637c60e940035 #Inflation #Retirement #GoldIRA #Wealth #Investing #401k #402B #financial #financialplan #ira #jeremyKisner #millionaire #money #plan #retire #retireamillionaire #retiree #Retirement #retirementplan #Rot

In this first video, we take a look at the power of a Roth Ira and why everyone should open one as soon as possible to become financially free and a millionaire in retirement. “The best time to invest was ten years ago. The second best time is today.” Some of what we discuss: * What is a Roth IRA? * Why should I invest in a Roth IRA? * How much do I need to invest to be a millionaire? * Why is it important to start investing when young? * How much can I contribute to a Roth IRA? * What is the difference between a Roth IRA and a Traditional IRA? We go over specific examples of how much to invest and at what age if you hope to be a millionaire at age 65 when you retire, so you know roughly how much money you need to invest at various ages along your own personal financial freedom journey! #investing #finance #personalfinance #millionaire #investingtips #investment #invest #money #rothira#financialfreedom #dividend #stockmarket #stocks #stocktrading#investingstrategy #what