401K or Real Estate? What's Best for You? with Guest: Brad Bennett

ROI Wealth Watch

In an economy where the stock market is constantly climbing and dropping, many retirees are struggling to live on their retirement savings, and many more young adults’ future retirement savings may be at risk, it is critical to keep an open mind and evaluate your options when planning for your retirement. On today’s episode, Jared and Tom discuss the pros and cons of investing in 401K plans verses real estate investments.

Jared and Tom also talk with financial expert, Brad Bennett, a personal financial strategist at Prosperity Economics Group. Brad is a land developer, real estate veteran, and a former Rich Dad, Poor Dad coach and he joins Jared and Tom to discuss the tax margin rates of your 401K and retirement plans, the importance of diversifying your investments for retirement, and how to structure your real estate investments so that your tenant’s grow your portfolio, provide additional benefits, and help you reach your estate planning goals.

“The IRS doesn’t value your time. They only value your money.” - Brad Bennett

In This Episode of ROI Wealth Watch:

• The benefits of a 401K investment strategy
• The tax advantages and disadvantages of a 401K plan verses real estate investing
• The pros and cons of company matching 401K programs
• Capital gain rates vs income tax rates on your 401K plans
• How banks help real estate investors make good investment decisions
• The difference between the stock market, 401K plan, and real estate predictability
• Security and stability of mutual funds vs real estate investments
• The impact of Social Security and 401K taxes on your retirement plans
• The importance of diversifying your retirement plan strategy
• The importance of being in a tax-advantaged retirement plan
• Where to park your cashflow off the tax grid
• Making compounding interest work for you
• Leveraging your tenants
• Taxes and penalties associated with borrowing and taking loans against your 401K policy

Words of Wisdom from Jared & Tom:

1. Use leverage to grow your money on a 4:1 ratio instead of a 1:1 ratio
2. Make sure your tenants start buying rental properties for you
3. Invest cashflow to provide tax-free growth, tax-free retirement, and robust emergency fund and insurance
4. Take advantage of huge real estate tax benefits that the tax code has written to give advantages to real estate investors
5. Avoid the stress of the stock market’s volatility

Grab Your Free Gift!

Learn more about how real estate can deliver benefits that other investments can’t touch! Text “ROI” to 21000 to request your free, private link to our webinar video: The 12 Advantages of Real Estate

Help Others Buy Real Estate in the Right Markets at the Right Times!

Thanks for tuning into today’s episode of the ROI Wealth Watch podcast with Jared Garfield - your resource for learning to buy real estate in the right markets at the right times. If you enjoyed this episode, head over to iTunes to leave us a rating and review. Subscribe to the show so you never miss an episode, and visit our website to grab your free gifts!

And, if you’re looking for the best turnkey rental properties to invest and renovate to maximize your real estate portfolio, visit the Rich Life Real Estate website to view turnkey rental opportunities or speak with an investment advisor for more information.