The traditional 401K is a retirement financial product that puts your money away and it is invested into Wall Street financial products.
I do not have a traditional 401K and do not recommend them for my clients. Instead you should be saving your money each month into a Sacred Account. This is a high early cash value dividend paying whole life insurance policy that you can use today and grows tax free for your whole life!
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To Purpose, Wealth, and Freedom.
Jerry Fetta
Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on over 45 podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O’Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.
Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.
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(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)…(read more)
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Do THIS Instead of the #401K – How this #Retirement vehicle isn’t as good as The #SacredAccount
When it comes to planning for retirement, many people turn to the traditional 401(k) as their primary savings vehicle. However, there is a growing movement of individuals who are choosing a different path for their retirement savings: The Sacred Account.
The 401(k) has long been touted as the go-to retirement option for working individuals. It offers tax advantages, employer matching contributions, and the potential for investment growth over time. However, there are some drawbacks to the 401(k) that are causing people to look for alternative options.
One major concern with the 401(k) is the lack of control that individuals have over their investments. Many 401(k) plans have limited investment options, and individuals may not have the ability to invest in assets that align with their values or beliefs. Additionally, the fees associated with 401(k) plans can eat into potential investment returns, and the market volatility can make it difficult to predict retirement income.
This is where The Sacred Account comes into play. The Sacred Account is a retirement savings vehicle that offers individuals more control over their investments and the ability to align their money with their values. With The Sacred Account, individuals can invest in socially responsible funds, sustainable companies, and other assets that support their personal and ethical beliefs.
In addition to the investment options, The Sacred Account also offers flexibility and liquidity that the 401(k) may not provide. Individuals have the ability to access their funds for emergencies or unforeseen expenses without penalty, and they can make contributions at any time without restrictions.
Furthermore, The Sacred Account provides a level of certainty and stability that many individuals crave in their retirement planning. By investing in assets that align with their values, individuals can feel more confident in their retirement income and have the peace of mind that their money is making a positive impact in the world.
While the 401(k) has been the traditional choice for retirement savings, it is important for individuals to consider their options and explore alternatives that may better suit their needs and priorities. The Sacred Account offers a compelling alternative to the 401(k), providing individuals with more control, flexibility, and alignment with their values.
In conclusion, when it comes to planning for retirement, individuals should consider The Sacred Account as an alternative to the 401(k). With its focus on control, flexibility, and values-based investing, The Sacred Account offers a compelling option for individuals who want to take a different approach to their retirement savings.
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