How Much Tax Have You Really Saved When You Withdraw Your Retirement Income From Your 401(k) 30 years later?
Step 1.
First we will look at the restrictions your money has been placed under within this financial vehicle, assuming a 30 year accumulation period. I call them the IRC 400 Plan GOTCHA’S More »
A 401(k) ALTERNATIVE
Insanity is doing the same thing you have been doing and
expecting different results.
Einstein.
My main concern is preservation of capital, safety and guarantees for your money.
If you like to take risks, what I suggest probably won’t interest you.
Categories: 401(k)
Multi Task Your Money by Understanding Core Banking Principals
and Tier One Assets
It seems to me that what we are constantly being taught to do with our money is exactly what is best for the financial institutions. They have their profits in the forefront of their advice to their customers. You and only you have your own best interest at heart and so it is imperative for you to make the effort to understand banking principals and concepts so you can do what the banks do, not what they tell you to do. We seem to be constantly advised to put our money here and put our money there which is dividing up our money and having it perform one action/advantage at a time. We are taught to UNI-TASK our money and are sold multiple products to service this theory instead of solutions.
Look at the following financial vehicles with two questions in your mind — Who has the most use and control of my money and how liquid is my money to me in this vehicle?
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