Is Your 401k Enough for Retirement?
#schoolofpersonalfinance #personalfinance #financialeducation #financialplanning #financialfreedom #fire #financialindependence #richmccormack
Your Entire Retirement Will Depend on This | Why Your 401(k) Matters More Than Ever
Your 401(k) is now your pension.
With traditional pensions disappearing, the 401(k) has become the primary retirement tool for middle-class families — and the decisions you make inside your plan will determine your future.
In this video, I break down:
• Why 401(k)s matter more today than ever
• Roth vs Traditional — which one is right for you
• How much you should be contributing
• Fees to watch out for inside your plan
• Diversification and risk tolerance explained
• How to invest your 401(k) the right way
• Target date funds — good or bad?
If you want your 401(k) to actually build wealth, this video gives you the framework you need.
Subscribe Here: https://www.youtube.com/channel/UCJoM14_FRzdVAK4awLISSDA?sub_confirmation=1
Come Join the School of Personal Finance
https://www.schoolofpersonalfinance.com
★ CONNECT WITH RICH ON SOCIAL★
▸Twitter: https://twitter.com/richmccormack/
▸Instagram: https://www.instagram.com/rich_mccormack_cfp/
▸Facebook: https://www.facebook.com/richmccormack
▸Linked In: https://www.linkedin.com/in/richard-mccormack/
💰 Your 401k is Your New Pension | Essential Retirement Planning Decisions
For many, your 401k is now the primary tool for securing your future income, replacing traditional pensions. This video explores critical decisions for effective **retirement planning**, from how much to contribute to whether a traditional or Roth 401k suits you best. We’ll examine the nuances of **investing** within your **401k**, helping you make informed choices for your **retirement investing** strategy and overall **financial planning**.
💬 Question for You: What decisions are you making with your 401k to prepare for retirement? Comment below 👇
🔔 Subscribe for weekly personal finance videos, tax tips, investing help, and real financial planning guidance for middle-class families.
