You can’t expect your 401K to take care of you and cover you when inflation goes up. I implore all of you out there who are thinking about getting into real estate or thinking about buying a business – JUST DO IT! Follow for more tips and tricks.

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#realestate #acquiringbusiness #allinyourmind #tipsandtricks #entrepreneurs #inflation #workingclass #investor
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Who is Josh Wilson?
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My name is Josh Wilson and I went from a 9-to-5 J-O-B to growing a multi-million dollar real estate portfolio using the exact methods I am going to teach to you in this training.
I am passionate about helping YOU go from the paycheck-to-paycheck lifestyle that I was living to living your life on your terms by creating passive income with real estate.
If you’re serious about changing the course of your life, then this is the first step. But don’t just take my word for it, here are what other’s are saying about the training.
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Learn more here: #short…(read more)

LEARN MORE ABOUT: 401k Plans

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As the cost of living continues to rise, it’s important to understand how inflation can affect your retirement savings and the importance of planning for the future. A 401K plan is a great way to save for retirement, but it’s important to understand that it won’t provide the same level of protection against inflation as other investments.

When inflation goes up, the purchasing power of your money decreases, meaning that the same amount of money won’t buy as much as it used to. This can have a big impact on your retirement savings, as your investments don’t necessarily keep up with the rising cost of living.

While 401K plans are a great way to save for retirement, they are not designed to protect against inflation. Investing in stocks and bonds is a better way to protect your retirement savings from inflation, as these investments tend to increase in value as the cost of living goes up.

It’s also important to understand that 401K plans are not designed to provide a steady stream of income in retirement. While it’s possible to withdraw money from your 401K, the amount you can withdraw is limited, and the taxes you pay on withdrawals can be high.

For these reasons, it’s important to plan for retirement by diversifying your investments and creating a mix of stocks, bonds, and other investments that will help protect your savings from inflation. You should also consider other sources of income, such as Social Security or a pension, to supplement your retirement savings.

By understanding the limitations of your 401K plan and planning for the future, you can ensure that you have the retirement income you need when inflation goes up.