Carlos Rasmussen discusses the limitations of 401k plans as a retirement savings strategy, emphasizing the importance of diversification and alternative investment options. He highlights the potential tax implications of traditional 401ks and advocates for the use of Roth 401ks. The discussion also touches on the impact of retirement savings on Social Security benefits and the evolving nature of financial planning, including the relevance of the 4% rule. Additionally, the conversation explores the financial strategies of wealthy families, the importance of financial literacy, and the need for a holistic approach to financial planning. The discussion also highlights the importance of building long-term relationships with clients and the value of personalized financial reviews. Call (888) 572-2242 to reach Carlos. Visit Rasmussen Capital Management.
See omnystudio.com/listener for privacy information.
View all episodes
By Carlos RasmussenCarlos Rasmussen discusses the limitations of 401k plans as a retirement savings strategy, emphasizing the importance of diversification and alternative investment options. He highlights the potential tax implications of traditional 401ks and advocates for the use of Roth 401ks. The discussion also touches on the impact of retirement savings on Social Security benefits and the evolving nature of financial planning, including the relevance of the 4% rule. Additionally, the conversation explores the financial strategies of wealthy families, the importance of financial literacy, and the need for a holistic approach to financial planning. The discussion also highlights the importance of building long-term relationships with clients and the value of personalized financial reviews. Call (888) 572-2242 to reach Carlos. Visit Rasmussen Capital Management.
See omnystudio.com/listener for privacy information.