Delayed Gratification In Your Financial Plan
Manage episode 461404173 series 3423688
Financial planning is all about making choices—some offer quick benefits, while others require patience for a bigger payoff in the future. For example, opting for a Roth 401(k) means paying taxes upfront but enjoying tax-free withdrawals in retirement.
Join us on the show today and Tad, Toni and Tyler dive into how this strategy, along with other critical decisions like Social Security timing, can impact your long-term financial security. Tune in for practical insights on making the right choices today for a more comfortable tomorrow!
Here’s what we discuss in today’s show:
- What is a Roth 401K?
- How Roth 401Ks don’t have RMDs
- Taking control of your own tax future
- Figuring out when to take Social Security benefits
Key Takeaway
“At the end of the day, we're all going to have to pay taxes- we're talking about, how do we be as efficient as possible? And there are strategies that can enable you to do this.”
We can assist you on your journey to financial freedom:
https://www.askfreedomfinancial.com/
205.988.0006
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