@cryptoking333: You think you are in a lower tax bracket because of your 401k? Think again #401k #investing #retirementplanning #PersonalFinance #financialfreedom

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Region: US
Sunday 17 May 2026 22:11:05 GMT
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keshinsamurai8
user6112381970587 :
Can I take out all my money at 59 1/2 before 65 years old ?
2026-05-18 12:57:57
8
user52010007659880
bubba :
So can I use my 401k to buy a house
2026-05-20 05:00:29
10
bauldyauldy
user5970860498391 :
The whole roth argument. They get you coming or going either way.
2026-05-22 15:17:01
6
cmacinky
Chris in ky :
if he didn't know that's on him. house should be paid off when retired
2026-05-18 23:50:40
8
jcz411
JCZ411 :
Brought against the 401K and pay it back to yourself
2026-05-19 23:12:59
6
fawazmatti0
user7941395227610 :
But when your income reach over $200000
2026-05-19 12:54:08
6
spammothy
user1320242646257 :
exactly why you need different buckets to pull from, roth, brokerage, cash
2026-05-19 03:54:42
7
reuben24218
Reuben2421 :
He should of put a little into Roth 401k or a Roth Ira. No taxes thank you.
2026-05-18 15:11:11
7
casinokid777
casinokid777 :
Somebody’s got bad information. Medicare irma probably not going to $1,000.00 and that’s if you make $212,000 between your 63rd birthday and the end of year. Then it’s $212,000 per year. You can make a plan now you can take out $50,000 per year for two years and probably stay below the Irma. And yes prefaced contribution’s are taxed.
2026-05-18 21:47:05
8
jameyleyer
Jamey L Eyer :
I think everyone should just not do a 401(k) how does that sound? That’s not plan at all.
2026-05-18 17:58:12
8
haparoundthehouse
haparoundthehouse :
System working as designed
2026-05-17 23:19:11
9
reminence8
Namste :
This is not making sense ! Numbers aren’t adding up
2026-05-19 01:28:29
5
retiredbilli
Billio :
Roth conversion, 5 years , boom done. 73 will be here in no time …
2026-05-18 15:36:50
8
flyinghighagain1
Flyinghighagain1 :
This is such an over simplistic, inaccurate view. Taking money out before 59.5 old is foolish, taxed at highest rate plus 10%. There is no tax free money.
2026-05-18 08:57:50
8
14250chetlain
14250chetlain :
“People come to him gor advice?” Yet he did not understand the deferred tax consequences
2026-05-18 12:50:04
7
just_mack0
Harry Dresden :
It’s not a scam because you’re able to get that money tax-free and you’ll have more money upfront to invest which allows you to grow your retirement account even quicker. Of course, later on you will have to pay tax, but at least you were able to invest more money while you were younger and that’s the truth
2026-05-18 11:25:10
6
danhill64
DCH115 :
It’s not an all or nothing situation. If your employer is matching then contribute up to the match. Some people won’t save a penny unless it’s drawn directly from their paycheck. Additionally IRMAA is one year at a time so not a life sentence.
2026-05-18 17:39:47
6
yendor74
Rodney :
My 401k is a Roth and taxed plus there are no fees. I also have a back door Roth IRA with low fees. Be cautious of the fees…even 1% can add up over time. The fact that a person is saving money is a plus. Just do your research.
2026-05-20 02:03:48
6
stevescott74360
stevescott74360 :
That was never the intent of 401ks! 401Ks are awesomeness me when you use it the way it was intended!😂😂😂
2026-05-17 22:37:28
6
high.riser6
high riser :
Just pay off the house in smaller increments like 25k over 4 years not a big deal as long as he keeps his income under IRMA lowest bracket
2026-05-18 17:28:40
11
bryansnyd
B :
Invest in Roth 401K up to the percentage that company matches. Then max out Roth IRA. Once Roth IRA is maxed and if you want to invest more go back and invest the remaining in the Roth 401K. Note that all 401k matching from your business is not taxed so becomes taxable when you withdraw it (the company uses it as a tax deduction). Make sure you withdraw that company matching last after 67. If you don’t it is considered income. Also Make sure the brokerage allows you to move it to a money market within the account. Then back to mutual funds or stocks. I.E. I transferred all assets to money market during COVID crash. Once it stabilized I moved it back into stocks and mutual funds.
2026-05-18 15:20:05
6
josephgenx
Joe :
if he's paying $700 a month and interest on a mortgage in retirement he didn't have a plan in the first place
2026-05-19 12:14:20
11
tictictok7
Tic tic tok7 :
If your really smart you'll make sure you have NO mortgage or car payment when you retire.
2026-05-20 03:11:53
24
billy_bathgate
Billy Bathgate :
Goofball
2026-05-18 04:16:13
7
joemontoya447
joemontoya447 :
That's why you do Roth
2026-05-18 09:55:29
6
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