At age 73 all 401k owners are required to make distributions from their account - aka RMDs Essentially, an RMD is the gov't saying: “Okay, you’ve deferred taxes long enough - time to pay up” Here’s how to calculate your RMD (and how to minimize the tax bill):

Great information and a good reason to consider Roth 401k’s when available. If your account grows and you have 3 mil at 72 you’d be required to take over $121,000 a year. Not to mention inheritance rules aren’t as good on traditional accounts.

Friendly reminder: A ‘stock’ is just a tiny fraction of a company The ‘stock market’ is a collection of hundreds of the largest companies in the world Investing isn’t as complicated as many people think.

Solo business owners making 6 figures: You need to consider a Solo 401(k). Don't pass up on: • Saving $20k+ on taxes • Building equity in appreciating assets • Diversification and oppurtunity for work optional I've seen too many people wait on thinking about this until

Clients found a perfect rental property last week. - Affordable - Right down the street - Bit of a fixer upper (their specialty) Now the question becomes - how do they fund it? Draw a quarter million from the IRA and pay with cash? HELOC/Home equity loan on other property?

I want to build wealth But I’m not willing to sacrifice enjoying my life now to get it There’s a balance I’ll always spend money on - Material goods - Quality of life purchases - Travel/experience As long as my investment goals are met too!

What’s the worst money decision you’ve ever made?