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Money Girl

7 Best Places to Save After Maxing Out a 401(k)

Money Girl

Macmillan Holdings, LLC

Investing, Education, Business, Entrepreneurship, How To

4.61.8K Ratings

🗓️ 25 January 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

The best places to save vary based on your situation, such as what's offered at your job or a spouse's job, whether you're self-employed, how much you earn, and your tax filing status.

Transcript

Click on a timestamp to play from that location

0:00.0

If you're carrying too much debt, check out my best selling course Get Out of debt fast,

0:10.9

a proven plan for debt-free personal finances.

0:14.4

It's a comprehensive and affordable online class that gives students a clear payoff plan

0:19.9

and the best strategies for paying off credit cards, student loans, car loans, and mortgages,

0:26.3

so you take control of every debt you owe.

0:29.9

Learn more at LaraDatoms.com

0:33.4

Hey friends, you're listening to the Money Girl Podcast.

0:36.5

Since 2008, I've been bringing you personal finance and small business tips every week

0:42.2

to build your money wisdom, wealth, and wellness.

0:45.6

My name is Lara Adams.

0:47.0

I'm a personal finance expert and author of many books, including my most recent title,

0:52.5

Money Smart Solo Prenure, a personal finance system for freelancers, entrepreneurs, and side hustlers.

0:59.7

My mission for the show is to help you get the knowledge and motivation to prioritize your finances,

1:05.8

build lots of wealth, and have more security and less stress.

1:09.8

I create every show to make sure you come away with practical advice that will help you make

1:14.9

better money decisions and take your financial life to the next level.

1:19.1

Today's show was inspired by Megan S., who asks,

1:23.8

I'm looking for advice on accounts where I can put away more money for retirement.

1:29.0

I'm already maxing out my IRA and employer 401k.

1:33.7

Can you recommend other accounts so I can catch up and save more for retirement?

1:39.8

Megan, thank you. This is a great question.

1:42.2

And congratulations on being a super saver.

...

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