Should you save into your 401k or pay off your debt?. PPR 121: Using a 401k to Pay off the Mortgage
Should you save into your 401k or pay off your debt? video duration 4 Minute(s) 35 Second(s), published by Travis Sickle on 23 07 2018 - 17:56:57.
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https://travissickle_youtube1.gr8.com/ In this episode, Brad and Dave dive deep into one of the most popular financial questions: Should you pay off Your Mortgage? They also discuss the difference .
http://www.sensefinancial.com It is possible to use funds from a Solo 401(k) for real estate investors to pay your mortgage, but you have to take out a loan as a In this episode, Brad and Dave dive deep into one of the most popular financial questions: Should you pay off Your Mortgage? They also discuss the difference Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes .
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Are you wondering if you should save into your 401k or pay off your debt? The 401k, unlike other savings plans has a matching contribution. That matching contribution of your 401k can be like getting a 100% rate of return. It's free money but only if you save into your retirement plan too.
On the other hand, you have debt that you need to pay down. Especially if that debt is at a high interest rate. While the decision can change based on many different factors, comparing the interest to free money is pretty clear.
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Travis Sickle
CERTIFIED FINANCIAL PLANNER™
Sickle Hunter Financial Advisors
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Tampa, FL 33602
TRAVIS T SICKLE, CFP®, AAMS®, CRPC®, RICP®, AIF®
CERTIFIED FINANCIAL PLANNER™
Financial Advisor Tampa, FL
πΈ FOR MORE FINANCIAL PLANNING & ASSET MANAGEMENT πΈ
Book a meeting and start financial planning and investing
bit.ly/sicklehuntermeeting
Try out our financial planning tool today.
https://travissickle_youtube1.gr8.com/
About Travis Sickle: https://www.sicklehunter.com/travis-t.
twitter: @travissickle
Instagram: https://www.instagram.com/travistsickle/
Company Website: https://www.sicklehunter.com
twitter: @travissickle
facebook: https://www.facebook.com/SickleHunterFA/
Sickle Hunter Financial Advisors
1905 N Market Street
Tampa, FL 33602
TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™
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