4.6 • 2.8K Ratings
🗓️ 14 May 2025
⏱️ 62 minutes
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0:00.0 | here's something that's cool we love sharing new things we figure out how about a wealth |
0:09.8 | building tool we've never talked about and brent i am so excited to talk about this because |
0:13.7 | obviously this is something we've never talked about before but even though everyone out |
0:19.3 | there listening even though this might not hit them perfectly, |
0:21.8 | what we're going to talk about is something that every single member of our audience can take |
0:26.4 | away and can implement themselves. And I think it's pretty exciting. Well, think about it. |
0:31.4 | You see a trend out there is that we've realized that behavior and creating consistent habits is one of the most |
0:38.2 | powerful wealth-building tools. |
0:40.0 | Yep. |
0:40.2 | And people who have 401Ks, you've probably heard of a quaka. |
0:43.3 | I always like the sound of that. |
0:44.5 | That's where, you know, the government has incentivized, and that's the, by the way, that's not it. |
0:48.8 | That's not it. |
0:49.6 | That's not the thing. |
0:50.1 | It's kind of like a sibling of behaviorally of what we're going to be talking about, but it still encourages the behavior of auto-enrolling people to start saving a little bit of today for their great, big, beautiful tomorrow. |
1:03.7 | So, Bo, without, I mean, give a little more detail, since we're not talking about the clock us, but it's somewhat similar. |
1:09.3 | What is this tool that we have |
1:10.9 | never talked about before? So there is some legislation that has been passed in certain states, |
1:16.0 | and there are more states that are adopting it now, that for small employers who may not offer |
1:21.2 | a retirement plan at work, or if you happen to work for one of these employers, the state, |
1:26.5 | the governing body, might be |
1:28.5 | willing to, and in some states are already doing this, open up an automatic IRA distribution |
... |
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