Description

When it comes to your 401k plan, there are a few common questions you should ask yourself. How much risk are you willing to take? What are your investment goals? And how long do you plan on working?

But is it really a requirement?

For today's episode, Joel and Colton McGriff focus on the 401k plan: What are the common questions you should ask yourself when it comes to these investments, how they started, and why you should pay for them? They also argue whether it is a requirement or a choice. Joel shared the main reason why he stopped putting money into his 401k plan and why others are following his practice. Together, Joel and Colton also dive into the other ways how we can better guard ourselves against the inflation scare.

Highlights:

• What the common questions should ask yourself when it comes to your 401k plans
• Why Joel decided to stop putting money into his 401k plan
• They history: How the 401k started
• What are the differences between the year now and back in 1978 in terms of the economy and the future in terms of the US debt load
• How can we better guard ourselves against the inflation scare?

Resources and Links:
https://www.themcgriffalliance.com 
colton@tmafamily.com 
kierson@tmafamily.com 
joel@tmafamily.com 
Phone: 205-991-4448

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