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Mastering Your 401(k): Finding the Best Investment Options for You

Mastering Your 401(k): Finding the Best Investment Options for You

FromCouple Money Podcast


Mastering Your 401(k): Finding the Best Investment Options for You

FromCouple Money Podcast

ratings:
Length:
18 minutes
Released:
Jun 27, 2019
Format:
Podcast episode

Description

Want to get the most out of your 401(k)? Learn the key guidelines on how you can choose the best investment options for you!  Want to get the most out of your 401(k)? Learn the key guidelines on how you can choose the best investment options for you!  Making the Most of Your 401(k) Chances are if you’re investing for your retirement, the bulk of that money is stashed away in your 401(k). For those whose employers offer them, they’re an easy option to sign up for and contribute towards. But are how comfortable are you with how it is doing? To help sort things out, Jonah Kaufman is joining me for this episode. Jonah is a financial advisor at Coastal’s Wealth Management Services. These will give you some starting points and ideas on what you need to talk about. In this episode we’ll discuss: Why your 401(k)s are a great foundation for retirement savings What factors to consider when you’re investing Understanding some of the different options that your 401(k) may offer Hope you enjoy! Just to make sure we’re on the same page, this episode is NOT about specific investment advice. You would need to consult a qualified financial professional who can evaluate your unique circumstances. Resources to Stay on Top of Your 401(k) Here are some resources to make managing your money much easier! Best Budget and Money Apps: Personal Capital, Tiller, Mint Free 401(k) Analysis: blooom Grow Your Stash Faster: High Yield Savings with CiT Bank Automatic Saving: Qapital Jumpstart Your Marriage and Your Money Master Your 401(k): How Much Do We Need to Contribute? Master Your 401(k): Why You Need to Keep an Eye Out for Fees Robots Can Manage Your Money. But Even They Need Humans A Smarter Way to Think About Financial Decisions Thank You to Our Sponsor Coastal! Support for this podcast comes from Coastal Credit Union! If you’re living in the Raleigh Durham area and looking to bank better, come check out Coastal today. If you want to be better prepared financially for retirement, please check out Coastal’s 401(k) Planning Calculator. Key Takeaways on Optimizing Your 401(k) Before we wrap up I want to focus on some key takeaways I got from speaking with Jonah and preparing for this episode: Understand yourself as an investor. Performance isn’t tied to cost with your investments. Don’t check your investments too frequently. If you’d like to chat more about your financial goals,  please join us in our private and free Facebook group – Thriving Families. Hope to see you there! Support the Podcast! Thank you so much for listening to the podcast! Spread the word! If you enjoyed this episode and think it can help a buddy get on the path to dumping debt and become financially free, please share. Leave a review. Honest feedback and reviews make a big difference and gets the word out about the podcast. Leave your review on Apple or Stitcher. Grab a copy of Jumpstart Your Marriage and Your Money. My book is designed for a busy couple to set up their finances in 4 weeks. Get tips and tools that have worked for other couples on their journey of building their marriage and wealth together! Music Credit Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere.
Released:
Jun 27, 2019
Format:
Podcast episode

Titles in the series (100)

Couple Money Podcast tackles how to build your marriage and wealth together! We talk with financial experts, renowned journalists, and real-life couples who have done extraordinary things with their money such as paying off six figures of debt, overcoming financial infidelity, and retiring early! Get the tools and tips that have helped them be successful with their finances and marriage. Each episode covers crucial money topics like lending money to family, dumping debt faster, and the keys to financial independence.