5 Habits of 401(k) Millionaires

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 24 April 2015

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Think it's impossible to become a 401(k) millionaire? Wondering if you can commit to what's necessary to achieve this big goal? On this episode of The Money Guy Show, Brian and Bo review a recent study from Fidelity and dive into the 5 habits and actions that can get you to millionaire status in a working career.

Transcript

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0:00.0	It's Brian Preston, The Money Guy, restoring order to your financial chaos, retirement,
0:07.0	investing, taxes.
0:09.0	You've got financial questions, he's got financial answers.
0:12.6	It's Brian Preston, The Money Guy.
0:15.9	Welcome to the show, guys.
0:16.9	I got to tell you this topic today is one that I have a weird feeling about it.
0:25.0	And by the way, welcome to The Money Guy Show.
0:26.7	I got Mr. Bo Hanson calling in on the red phone today because he's unfortunately with
0:34.3	his wife being almost ripe.
0:36.3	I mean, is that the right way to close?
0:38.1	Yes, he's close.
0:39.1	So maybe we'll be here before we know it.
0:42.1	I think a rife is an accurate adjective to describe it.
0:45.4	So we are excited.
0:47.4	Maybe you're all Hanson will be making her appearance in no time.
0:50.6	Well, Bo, what we're going to be talking about today was I saw, you know, I have accounts
0:55.9	with fidelity investments.
0:57.5	And so because I have accounts with fidelity investments, I get to see when they send out
1:02.9	those insights that they send out, I'm probably killing the way they type, the viewpoints.
1:09.3	That's what it is.
1:10.3	The legal name, viewpoints.
1:12.3	And I see them on my iPad when I'm checking in my account.
	...

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