Ep #106: Maximizing Your 401k to Build Wealth and Offset Retirement Risk
Manage episode 439375623 series 3557963
In this episode, we dive into strategies to help business owners maximize their 401k to build wealth and reduce the need to rely solely on selling their business for retirement. Learn actionable tips on how to optimize your 401k, including when to start investing, how much to contribute, the best ways to invest your funds, and what to do with your 401k when changing jobs.
We also discuss common mistakes to avoid, such as paying high fees, taking loans against your 401k, and not increasing contributions over time. Tune in to take control of your retirement savings, minimize risk, and ensure a successful transition into retirement.
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We help business owners:
→ Assess their level of readiness to exit from a financial, tax, and legal perspective
→ Craft a wealth plan to exit comfortably and with confidence
→ Plan for the next chapter of their life
👉 Get Your Free Readiness Assessment!
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As a thank you, you'll receive a copy of my free eBook, "Exit & Succession: How to Increase Business Value & Prepare For a Sale or Succession."
110 episode