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
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

229,674 Listeners

The Ramsey Show by Ramsey Network

The Ramsey Show

39,228 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

450 Listeners

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

Your Money, Your Wealth

816 Listeners

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

Retirement Answer Man

1,312 Listeners

Retire Sooner with Wes Moss by Wes Moss

Retire Sooner with Wes Moss

454 Listeners

Money Tree Investing by Money Tree Investing Podcast

Money Tree Investing

682 Listeners

Retirement Starts Today by Benjamin Brandt CFP®, RICP®

Retirement Starts Today

543 Listeners

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

The Retirement and IRA Show

752 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

694 Listeners

The Long View by Morningstar

The Long View

934 Listeners

Retire Today by Jeremy Keil

Retire Today

70 Listeners

Ready For Retirement by James Conole, CFP®

Ready For Retirement

828 Listeners

The Megyn Kelly Show by SiriusXM

The Megyn Kelly Show

40,434 Listeners