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Is your 401(k) really going to make you rich — or just make Wall Street richer? In this eye-opening episode me and Rich Somers break down why traditional 401(k) planning can fail most people, how the early-withdrawal penalty works, and exactly how they used 401(k) funds as seed money to scale into high-cash-flow real estate deals. Learn the real rules about cash out 401(k) strategies, early withdrawal 10% penalty, RMDs, 1031 exchanges, self-directed IRA options, and how to calculate the true opportunity cost of letting your retirement money sit. If you’re serious about building passive income and real estate wealth — watch to the end.
#KassidyWarren
https://www.instagram.com/kassidy.warren
https://www.linkedin.com/in/kassidywarren
#RichSomers
https://www.instagram.com/rich_somers/
Listen on Apple Podcast:
https://podcasts.apple.com/us/podcast/for-your-own-good/id1793769313
Watch #ForYourOwnGood on YouTube:
https://www.youtube.com/@KassidyWarren
tags:
401k, 401(k), cash out 401k, cashing out 401k, early withdrawal 401k, 401k penalty, 10% penalty, RMD, SECURE Act, real estate investing, 1031 exchange, self directed IRA, leverage, passive income, cash flow, retirement planning, financial freedom
By Kassidy Warren4.9
6363 ratings
Is your 401(k) really going to make you rich — or just make Wall Street richer? In this eye-opening episode me and Rich Somers break down why traditional 401(k) planning can fail most people, how the early-withdrawal penalty works, and exactly how they used 401(k) funds as seed money to scale into high-cash-flow real estate deals. Learn the real rules about cash out 401(k) strategies, early withdrawal 10% penalty, RMDs, 1031 exchanges, self-directed IRA options, and how to calculate the true opportunity cost of letting your retirement money sit. If you’re serious about building passive income and real estate wealth — watch to the end.
#KassidyWarren
https://www.instagram.com/kassidy.warren
https://www.linkedin.com/in/kassidywarren
#RichSomers
https://www.instagram.com/rich_somers/
Listen on Apple Podcast:
https://podcasts.apple.com/us/podcast/for-your-own-good/id1793769313
Watch #ForYourOwnGood on YouTube:
https://www.youtube.com/@KassidyWarren
tags:
401k, 401(k), cash out 401k, cashing out 401k, early withdrawal 401k, 401k penalty, 10% penalty, RMD, SECURE Act, real estate investing, 1031 exchange, self directed IRA, leverage, passive income, cash flow, retirement planning, financial freedom

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