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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Retirement Accounts - 401(k) v. Roth 401(k) - What's Better For Your Situation?

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 6 June 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Early Retirement podcast is about 401(k)s v. Roth 401(k)s and what you should do based on your individual situation. NEW: I'm on YouTube! Check out the YouTube page here for more content like this. Interested In Working With Ari? Apply Here Want a custom strategy to retire early? Get Started Today Here PS: Before anyone decides to move forward with our services, we want to ensure we're the best fit to help you reach your goals. We go through an in-depth pla...

Transcript

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0:00.0

Welcome to the early retirement show. If you are a long time listener, thank you. And if you are new to the show, as a reminder, this show is dedicated to helping you retire early, otherwise known as the show dedicated to helping you understand what you have to do to be in a position where you are financially free, where work is now optional. So whether you are a few years out from retirement and you just want to know everything to prepare

0:25.5

for that big date or you're new in your journey and you want to get a head start on maximizing

0:31.9

what you've worked so hard for throughout your life, this is the show for you.

0:36.3

So we discuss everything from investments

0:38.9

to taxes to insurance and everything that comes in between. So without further ado, let's go

0:44.8

ahead and hop into today's episode. Welcome back to the early retirement show. Today's episode

0:50.8

is about 401ks versus Roth 401ks, which is really the same thing as Roth IRAs

0:57.1

versus IRAs with some differences that I'll talk about in today's episode.

1:01.6

And this is a very important one and a timely one, in my opinion, because as markets are

1:07.1

historically down in the last six months or so, we're looking at this and going,

1:11.8

what makes most sense and how can I be most efficient with the money that I'm contributing

1:16.2

to my 401k, to my Roth IRA, to my IRA, and what makes most sense oftentimes comes to a tax

1:24.4

question, an investment question, and both. And so that's what we're working through

1:29.3

in today's episode. Now, as I talked about last week, every week I'm going through and I'm

1:35.2

highlighting a recent review. So thank you to all of those who have been leaving reviews on the

1:40.5

Apple Podcast app, who have been checking out the YouTube and subscribing to all the new

1:44.8

content out there. I really appreciate it. You can find more information on that in the

1:49.6

description. And so I wanted to highlight this review by Kenny P. Cole. And Kenny says,

1:56.1

Ari brings positive energy to the table, which is essential when discussing financial planning topics.

2:01.6

This podcast is very informative and helpful for individuals seeking financial advice.

2:06.9

Highly recommend.

2:08.2

Well, thank you, Kenny.

...

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