401K DANGERS
401(K) dangers that you may face are multifaceted. Not only are you at risk as the stock markets reach new highs and begin pullbacks or corrections, you have no control until you begin your own plan for retirement.
We felt it important to make you aware of what is needed to save enough for retirement. Along with providing alternatives to the standard plan. Taking steps now to have multiple streams of income going forward towards your retirement will make a future setback to your 401(K) plan easier to survive when the inevitable market drop happens again.
There is no way for many with an average 401(K) putting away the maximum yearly will keep up with inflation, stock market tumbles, and lack of returns over time. The dangers to a 401(K) are many,
If you take the time to set up additional programs for you retirement such as opening a Self Directed I.R.A. or a Whole or Universal Life Insurance these will complement your Social Security, 401(K) and retirement plans.
Annuities or Whole and Universal life insurance will give you a good guaranteed rate of return along with the ability to compound tax and fee free.
Albert Einstein once said the greatest thing he thought in the universe was the power to compound. Finding investments outside of your 401(K) that can offer no losses and compounding are the first steps towards additional safe retirement income planning.
We felt it important to make you aware of what is needed to save enough for retirement. Along with providing alternatives to the standard plan. Taking steps now to have multiple streams of income going forward towards your retirement will make a future setback to your 401(K) plan easier to survive when the inevitable market drop happens again.
There is no way for many with an average 401(K) putting away the maximum yearly will keep up with inflation, stock market tumbles, and lack of returns over time. The dangers to a 401(K) are many,
- FEES
- TAXES
- LOSSES
- INFLATION
- POOR FUND MANAGEMENT
- LACK OF YOUR ATTENTION
If you take the time to set up additional programs for you retirement such as opening a Self Directed I.R.A. or a Whole or Universal Life Insurance these will complement your Social Security, 401(K) and retirement plans.
Annuities or Whole and Universal life insurance will give you a good guaranteed rate of return along with the ability to compound tax and fee free.
Albert Einstein once said the greatest thing he thought in the universe was the power to compound. Finding investments outside of your 401(K) that can offer no losses and compounding are the first steps towards additional safe retirement income planning.
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