96% are misusing this most powerful tool.

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement, investing, taxing.

You've got financial questions, he's got financial answers.

It's Brian Preston, the money guy.

Brian, I am so excited about this because I don't think the people know. I don't think a lot of folks know how valuable, how powerful this tool can be.

And we wouldn't mind them. We want to share the good news of what they could be doing inside their financial life.

Look, I'm not going to tease you. One of the most powerful things when you get to the financial order of operations is step five.

That's all the tax-free stuff.

When people try to figure out is it the health savings account, is it the Roth IRA, the health savings account, is the bomb digitty.

Because look, there's several things. We'll go through all the benefits.

But it also helps you prepare for one of the most expensive things that will impact your retirement. That's health care.

That's right. If you look at it, this is according to a data from Fidelity.

An average couple, an average couple retiring in 2022 will need $315,000 safe to cover.

Their health care expenses in retirement. That's a big chunk of money.

A lot of folks underestimate. They think about, okay, I want to spend money on vacations and traveling car.

They failed to realize health care is a real concern and a very true cost that most folks hit when they get to financial independence.

So, bow, I just dropped a bomb to start this thing out. I said, look, I consider health savings accounts to be even more powerful than Roth IRAs.

We all know we love Roth IRAs because it allows you to become the potential to become a tax-free millionaire because you put that money in.

You don't get a deduction, but it gets to grow completely tax-free. How in the world could I say something's better than that, Bo?

Yeah, it's really interesting. When you think about the benefits of Roth IRA versus the benefits of a health savings account,

we know that they both grow tax-free. They can both have tax-free distributions, but the big benefit with the HSA, when you put money in,

you get a front-page tax deduction on your tax return. That's different than a Roth. Roth money goes in after tax.

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