Joe’s wife is leaving her job and is weighing the options of what to do with her old 401k. Should they cash it out, convert it into a self-directed IRA, or is there another option they haven’t considered?

❓Ask me a 30-second question at

📞 Ready to buy your first fully done for you rental property? Book a free call with us:

📺 Watch Next: How to Create Your Personalized Path to Financial Freedom:

🏠 What’s Your Freedom Number? Download our free PDF to help you determine how many rental properties you would need to achieve financial freedom:

💵 Ready to get your finances in order? Download the FREE 90-Day Financial Empowerment Bootcamp:

🎓 Want to learn more about creating your individualized plan to wealth with a proven system? Join us in Financial Freedom Academy:

👨🏻‍💻 Sign Up for My Webinar:

—————–
What to Do with an Old 401k
The best thing to do in this situation is to sit down and see what makes sense, financially. You could pull the funds out, but expect to pay a hefty fee. This may be worth it if you make the right investment. Alternatively, consider moving the funds into a self-directed account.
—————–
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals….(read more)

LEARN MORE ABOUT: 401k Plans

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing