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The Dilemma of 401k Millionaires

Author
Jim Cipriotti
Published
Tue 02 Jul 2024
Episode Link
https://omny.fm/shows/freedom-to-retire/06-29-24-freedom-to-retire-podcast-the-dilemma-of

The rise in 401k millionaires brings a common dilemma: whether to keep investing in the stock market or transfer profits to less volatile investments. Jim narrates a story of a couple worried about their retirement funds who managed to get a better payout rate with an annuity. Additionally, the significance of managing budgets and expenditures during retirement is highlighted, as well as the advantages of converting retirement funds into a Roth account for tax reduction.

Catch Freedom To Retire with Jim Cipriotti, powered by Retire Ready Financial Group every Saturday at 9:00 AM and Sunday at 5:00 PM ET on WPHT.

For more information and to schedule a complimentary consultation with Jim Cipriotti, visit www.RetireReadyFG.com.

 

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