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The Dilemma of 401k Millionaires
Manage episode 426760605 series 3561349
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The rise in 401k millionaires brings a common dilemma: whether to keep investing in the stock market or transfer profits to less volatile investments. Jim narrates a story of a couple worried about their retirement funds who managed to get a better payout rate with an annuity. Additionally, the significance of managing budgets and expenditures during retirement is highlighted, as well as the advantages of converting retirement funds into a Roth account for tax reduction.
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1. Weekly Podcast (00:00:00)
2. Podcast Start (00:00:30)
3. Marker 12 (00:29:44)
4. Marker 03 (01:13:20)
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