Money Wisdom

Is Your 401(k) Enough for Retirement?


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For many people, the 401k is their largest retirement asset, but is it enough to carry you through decades without a paycheck? Today, Jake and Nick unpack one of the most common questions they hear: "Will my 401k be enough for retirement?" Find out why simply looking at the balance isn't enough. You need to know your numbers, which means identifying income sources like Social Security, pensions, or rental income, understanding your monthly expenses, and then calculating what gap your savings must cover.

Plus, we'll break down the latest contribution limits, catch-up rules, and the growing importance of Roth options. And does it make sense to move money from a 401k to an IRA? We'll tell you what the benefits could be and why most people make that move to provide more options in retirement.

Here's what we discuss in this episode:

đź’µ 2025 contribution limits and catch-up rules explained

🔀 When to consider rolling a 401k to an IRA

⚖️ Roth vs. pre-tax: what to know now

🛠️ Why control and flexibility matter most in retirement

Our website: https://johnsonbrunetti.com/

Phone: 800-208-7233

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

Get your customized Money Map: https://johnsonbrunetti.com/your-money-map/#form

Join us for our next financial workshop: https://johnsonbrunetti.com/financial-workshops/

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Check us out on YouTube: https://bit.ly/3CcAzai

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Money WisdomBy Johnson Brunetti

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