In this episode, The Annuity Man and Ted Benna discuss:

• From spender to saver
• Getting more money in the long run
• Employees should care about employees
• Investing faster in your retirement

Key Takeaways:

• The biggest help that 401k's have provided is that they converted employees from being spenders into savers.
• A 401k plan enables an employee to essentially get more money in the long run and have more resources to use when they retire.
• Because of the 401k, employers are now forced to care for their employees. They have to have some plans that benefit an employee's future to stay competitive in the market.
• When you're building a nest egg for retirement, it's better to do it faster rather than slower. If you're saving pre-tax, you'll be able to invest more money into your future rather than doing it after tax.

"The biggest benefit of it [401k] is that it has actually helped convert spenders into savers - most employees would not do this if they had to do it on their own… enables them into becoming successful savers" — Ted Benna

Connect with Ted Benna:

Website: http://benna401k.com/

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!