September 16

Can You Save LESS For Retirement?

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We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money.

0:00 – 1:33 Intro
1:34 – 2:42 Defining Distribution Yield
2:43 – 5:15 What Year Was It? 🤔
5:16 – 12:00 Saving Less For Retirement
12:01 – 15:20 The Real Reason You're Here

#retirement #retirementplanning #dohstr8
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  1. Hey you forgot to mention to invest in a taxable brokerage account for retirement. If you over invest in a 401k and need the money before 59 1/2 you are penalized. With a taxable brokerage account you can take out money anytime and only pay the federal and state income taxes. Long term capital gains owning longer than 12 months you pay a lower federal rate. Also with a taxable brokerage account not with IRAs and 401ks you can take advantage of tax loss harvesting; offsetting capital gains with losses and deduct $3000 a year in losses if no gains

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