@grantcardone: The 401k is the biggest scam sold to the middle class. Lock up your money for 40 years. Pay penalties if you touch it. Hope the market doesn't crash right before you retire. Then pay taxes on the way out.
So can someone tell me, a 47 year old with $350,000 in a 401k, what the best move is right now?
2026-07-13 11:35:36
13
Gia82 :
So what’s the alternative?
2026-07-16 14:35:06
5
kevin91201 :
55 for 401k bud…
2026-07-09 02:13:18
6
awells9596 :
BUT your tax bracket is lower once you retire so yes, you’re taxed, but at a lower rate since you no longer have employment income
2026-07-26 14:54:17
19
Rawr 🦊 :
Quit your job, roll it into a traditional IRA, and strategically convert it to a Roth. I’m converting over $75,000 a year at 12% interest.
2026-07-04 14:58:57
8
hurricanesassy :
he can move it to his Roth IRA, which is tax free when you pull out
2026-07-03 17:17:25
7
Denise :
Ok so what is the answer
2026-07-07 16:42:02
6
Michael James :
This is truly one of the dumbest videos I have ever watched
2026-08-04 00:27:18
6
Coonhound 🐕 :
Roth 401K for the win!
2026-07-28 00:47:27
6
Holy heck :
No taxes with Roth 401 or Roth IRA.
2026-07-09 01:32:56
5
Bank :
A 401k isnt the only means of investments, just one of many. Hundreds of places you can put your money as well, you can invest in all of them it dosent make 401k bad
2026-07-29 03:18:39
7
Stainandsealer :
Grant trying to lure him
2026-07-30 12:39:31
6
joan_munch :
401 is a solid investment just as real estate. You don’t have to talk down on one to sell the other
2026-08-01 08:18:33
6
Itsnottheload :
Tax relief from investing in 401k’s. I can’t do all the math because it’s not my wheelhouse, but his argument is too simplistic.
2026-07-19 00:17:20
5
Bassjerker :
Roth 401k.
2026-06-01 12:21:28
6
Thomas :
How can a guy invest for all those years in a 401(k) and not know you have to pay taxes unless he’s talking about a Roth wow my mind is blown
2026-05-31 21:51:47
5
Dejan Dejo :
But the taxes are based on income bracket I definitely agree with grant don’t have millions there unless you want to die with it
2026-07-31 11:35:04
5
ZDigat :
🤣 The face He makes when guy says he’s not paying taxes! Hoo really? 😂
2026-07-30 19:04:48
5
Mal :
You are collecting money in interest on the untaxed money
2026-07-27 18:27:36
6
Gul :
Tax on everyone even you are paying taxes now on Roth. So it’s depend what tax bracket are you in now
2026-06-01 09:38:14
5
birdman_32 :
I was able to save tons of money through my 401K including company matches. I was able to lower my current tax bill as well when I was a high income earner. I'll be in a lower tax bracket when I start my withdrawals post retirement
2026-07-23 22:17:27
8
Ash kosh :
Grant is 100 percent correct a lot of people think penalty free means tax free 😂😂😂
2026-07-03 16:41:15
1804
Ifuonlyknewme :
Don’t you pay less taxes because you will be in a different tax bracket
2026-07-13 13:18:51
6
Thomas Wright :
Roth IRA is only taxed when it goes in not when you withdraw🔥
2026-05-31 06:20:36
6
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