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Round Table | How Can I Get My Cash Out of a Qualified Retirement Plan?
What does your retirement plan look like? Are you like most people who believe that the best strategy is to work, save and then retire? Do you put your money in qualified retirement plans? If so, it's time you discover creative options to build wealth instead of just waiting for your retirement plan to mature.
Learn from Russ, Joey, and the financial freedom coaches as they talk about the following:
Why a qualified plan is the worst place to invest in
What does it look like to liquidate my plans?
Creative ways to get your money out of qualified plans
And more!
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06:13 - Why do you think talking about this topic is important?
11:59 - Why do we believe qualified plans are the worst place to invest in and from?
14:00 - The rate of return is so good, and I'm getting a free match on this. How could that be getting me farther away from financial freedom?
26:28 - What does it look like if I take it out? What does it look like if I liquidate this plan?
28:22 - What is the penalty if you keep it in?
33:56 - Can I become financially free without liquidating my 401(k) and IRA?
37:35 - What's the biggest obstacle to becoming financially free?
38:56 - What are some creative strategies to pull your money out, and what are people doing with the money?
49:56 What are your final thoughts?
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🎧 Listen Now to the full episode of the podcast here 👉
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