Welcome to the bigger Pockets Money Podcast, show number 180, Finance Friday edition,

where we interview Brian and talk about saving for rentals versus maxing out the 401k.

I can't get to that money that I already have locked up in retirement accounts till 59 and a half.

All right, so should I be sucking it all away?

I should have it because there are so many schools that thought there, you know, put it up to the match, max it all out.

And that really is the root of it is use the extra money to invest or max it all out because now I've got a strong cash position.

Hello, hello, hello, my name is Mindy Jensen and with me as always is my high level over viewing co-host Scott Trech.

I love how you just zoom in every time or I guess zoom out every time with these intras with a new adjective. Thank you Mindy.

Scott and I are here to make financial independence less scary, less just for somebody else to introduce you to every money story because we truly believe that financial freedom is attainable for everyone, no matter when or where you're starting.

That's right, whether you want to retire early and travel the world, go on to make big time investments and assets like real estate, start your own business or deploy hundreds of thousands of dollars in cash later out.

We'll help you reach your financial goals and get money out of the way so you can launch yourself towards those dreams.

Scott, I'm so excited for today's guest Brian is doing it right and you know, I think it's really helpful to see how people who are handling their money right are handling their money.

And we have had some guests on the show who have had some real problems and needed some guidance on where they should go next or some encouragement to look in this direction or that direction for their next financial win.

But Brian really doesn't need that he's contributing to his 401k. He's got a healthy balance there.

He's buying cash flowing rental properties in his former location in upstate New York and has just moved and is looking into learning that new market and it's fun to see somebody who's doing it right.

Yeah, I think it's really interesting to compare Brian to two of the other millionaires we've had recently on the show, Brian is a millionaire and Brian, you know, one of those folks had earned a 220 to $15,000 income.

Had a million dollars, but had no free cash flow and no freedom as a result of that.

The other, I think, was a millionaire with a small real estate portfolio, but was earning too little at their work to justify their continued work there.

Their time was just way more valuable than the dollar per hour activity rate that we're getting there.

We don't see those problems when Brian's situation, Brian has a well constructed careful financial position. He earns a good income.

He's invested in both real estate and stocks. He's got a sizable liquidity position.

He's moving to improve his lifestyle. He all his expenses are intentional and he seems in complete command of his position.

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