Welcome to the Main Street Business Podcast with your distinguished hosts, Mark J. Kohler and Matt Sorensen.

Both are best-selling authors and have over 25 years of industry experience with 10,000 client consultations,

making them the leading tax and legal experts in the nation.

Together, they'll unpack the most complex tax, legal, and financial strategies,

crucial for saving more,

stressing less, and building generational wealth. Today, they're your personal advisors.

Ready to break it down for you and make the tax and legal game easier than ever. Here is Mark and Matt.

A lot of high-income people think, like, oh, retirement accounts, because they're like,

I make so much money, why would I, I can put $6,000 in an IRA? Wrong. If you're a highway, earner, you wanted to be in Roth Gamma Kamakai party. You wanted to wear a Toga outfit. You wanted in the party. But you made too much money. You couldn't go in the front door. So you had to go around to the back door to get into the Roth party. You can do that.

Your financial advisor is wrong. You couldn't go in the front door. So you had to go around to the back door to get into the Roth party. You can do that. Your financial advisor is wrong. I cannot

emphasize that enough. You talk about investing over 10, 20, or 30 years. The difference in that

is incredible. This is how the rich get richer because you start plowing away 80 to 100 grand

in a Roth IRA. And boom, you're sitting on a million dollars.

Welcome everyone to the directed IRA podcast. This is Matt Sorensen joined by the incredible Mark J. Kohler.

And we're going to talk about rich people.

Rich people.

This is for you, okay, and we always are talking about people trying to, you know,

make their first contribution to a retirement account,

but I want to talk about maxing it out for high-income earners,

why you should do it, and also the order that you should do.

Maybe if you want to be a rich person, this is what to do too. Yeah. This is, I mean, we hear so many of those influencer podcasts, right? All of us see it where if you want to be rich, do what the rich people do. All right. We're delivering. Here's what rich people do. So I like, I asked Matt before, I go, you got a decision tree on how a one percenter, high income earner.

Yeah. Here's what rich people do. So I like, I asked Matt before, I go, you've got a decision tree on how a one percenter, high income earner, should consider what to do when it comes to retirement accounts. And you said, I go, can I see it? He goes, it's up in my head. I said, oh, really? Okay. Well, we're just going to explore that little decision tree chart. And I might debate with you a little. I do actually have a decision tree chart, and you have to be following me on social media to find that.

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