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
4.7 • 585 Ratings
🗓️ 6 June 2022
⏱️ 12 minutes
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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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