Confused about how to save for retirement? How to get started, and what the different types of accounts mean? In this video I’ll break it down to the simplest level, explaining the different between a 401k and an IRA, and what the heck “Roth” Means.
At the end of the video I also show some surprising math that demonstrates the importance of saving EARLY.
Note: The information in this video applies to people in the United States only….(read more)
LEARN MORE ABOUT: IRA Accounts
INVESTING IN A GOLD IRA: Gold IRA Account
INVESTING IN A SILVER IRA: Silver IRA Account
REVEALED: Best Gold Backed IRA
Very nicely explained, Will !!! you earned my subscription.
Does a roth IRA have interest? Or do we have to invest in a mutual fund in order to see some more gains?
We need a video of how to open a Roth IRA with one of the 3 online investing accounts and what to do after opening one.
Out of the three online investing accounts, which do you prefer for making a Roth IRA?
Had to watch this video three times. First for the sex appeal, second for the release 😉 and third for the actual information.
Speechless. Never seen it from that perspective (shield/shell). Loved it!
i like how well you explain things
This video is fucking awesome! I subscribed! Please keep more informative videos coming our way!
ChaosTheoryBlog I forgot to ask my questions I have three…
1.What happens if you can't pay the individually managed retirement account for one month, or an entire year because you lost your job, or a tragedy happens or simply because you don't want to or forgot?
2. What happens if you want to take your money out before the target date?
3. What happens to the money in the retirement account if you die before 65 or your target date? Can you put it in your will who gets your money ?
THANKS! Finally someone is explaining it and in a very simple way that is easy to understand. This was always like a big mystery to me that most people don't want to talk about, don't know much about or explains it so unclear that left me more confused. I wish you can make another video in detail about this or other money related subjects.
Why did you stop making videos? I find them extremely informational. The illustrations help a ton by the way. Blessings.
Hey watching your debate live stream tonight reminded me that I had a question for you on this topic – do you have any good resources for comparing traditional 401k's to Roth 401k's? I didn't even realize that Roth 401k's were a thing until recently.
Alternately – what determines the tax bracket that traditional 401k withdrawals are taxed at? Is it just the amount you're withdrawing plus any other income you've had that year (cap gains, social security, etc)?
Nice video series, btw!