Money Wisdom

401Ks Aren't Perfect


Listen Later

It might seem a bit counterintuitive to hear reasons why you shouldn't be putting money into your 401k, but there are times when it makes more sense to allocate that money elsewhere. In our latest episode of the Money Wisdom podcast, Jake Doser, CFP®, CPWA® will explore scenarios where a 401K might not be the optimal choice.

Here's some of what we discuss in this episode:

  • Build up your emergency fund before you focus on locking money away in a retirement account.
  • How are you addressing each potential financial pitfall and doing it in a healthy, holistic way?
  • If your employer doesn't match your 401k, you might have better investment options outside of it.
  • Future tax rates might make you rethink tax-deferred contributions.
  • Why you might not want to leave money in a 401k when you change employers.

Check out our other free financial resources here: https://johnsonbrunetti.com/financial-resources/

Contact our team: https://johnsonbrunetti.com/contact-us/

...more
View all episodesView all episodes
Download on the App Store

Money WisdomBy Johnson Brunetti

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

21 ratings


More shows like Money Wisdom

View all
Sound Retirement Radio by Jason Parker

Sound Retirement Radio

442 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

803 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,295 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

538 Listeners

The Retirement and IRA Show by Jim Saulnier, CFP® & Chris Stein, CFP®

The Retirement and IRA Show

748 Listeners

Big Picture Retirement® by Devin Carroll, CFP® & John Ross, JD

Big Picture Retirement®

544 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

675 Listeners

The Boldin Your Money Podcast by Steve Chen

The Boldin Your Money Podcast

195 Listeners

Retire With Purpose - The Retirement Podcast by Casey Weade

Retire With Purpose - The Retirement Podcast

585 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

816 Listeners

The Rob Berger Show by Rob Berger

The Rob Berger Show

199 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

947 Listeners

Life Starts at Retirement by Maureen Dobranski

Life Starts at Retirement

29 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

150 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

106 Listeners