Alpesh Parmar is an entrepreneur, real estate investor, business owner, author, mentor, and podcast host who is passionate about wealth, life, and health. Alpesh is Host of the real asset investing Podcast – “Wealth Matters”. Alpesh is also co-author of Amazon # 1 Bestselling book – Resilience: Turning Your Setback into a Comeback. He has invested in the USA, Belize, Panama, Paraguay, and India. He owns and manages a portfolio of duplexes and small to medium-sized apartment buildings in Birmingham, Atlanta, and Dallas markets.

In 2018, Alpesh Parmar decided to share his story with others by co-authoring a book with other well-respected authors and industry leaders. This book “Resilience – Turning your Setback into a comeback” hit Amazon # 1 best seller in multiple categories.

(00:01-00:55) Opening Segment

- Introduction of the speaker, Alpesh Parmar

- Alpesh introduces the episode's topic, Different Types of Retirement Plan in the U.S

(00:55-1:47) Reasons Why People Need Retirement Plan

- Why people work hard?

- Retirement plans are not a one-fit-all benefits

- What to look for a retirement plan?

Retirement Plans that Work for Employees

(1:48-05:54) 401K Plan

- Alpesh explains what is 401k Plan

- How does 401k plan work?

- Pros and Cons of 401K plan

(05:55-7:48) Individual Retirement Account

- What is IRA?

- How does IRA work?

- Pros and Cons of IRA

(07:49-09:25) Roth IRA

- What is Roth IRA?

- How do Roth IRA works?

- Pros and Cons of Roth IRA

(09:26-09:43) Retirement Plans that Work for Self-Employed and Business Owners

(09:44-10:43) Simple IRA

- What is Simple IRA?

- How does Simple IRA works?

- Pros and Cons of Simple IRA?

(10:44-13:22) Simplified Employee Pension (SEP) IRA

- What is SEP IRA?

- How do SEP IRA works?

- Pros and Cons of SEP IRA?

(13:25-15:03) Solo 401K vs SEP IRA

(15:04-16:40) BREAK

(16:41-22:00) Self Directed IRA

- What is Self-Directed IRA?

- How do Self-Directed IRA works?

- Pros and Cons of Self-Directed IRA

(22:01-27:48) Second Segment

- How to Subscribe to Wealth Matters Newsletter

- Reasons why Alpesh do not prefer to invest in retirement plans

- Open opportunities you can reach out to Alpesh

(27:49-28:12) Closing Segment