Is your 401(k) really going to make you rich — or just make Wall Street richer? In this eye-opening episode me and Rich Somers break down why traditional 401(k) planning can fail most people, how the early-withdrawal penalty works, and exactly how they used 401(k) funds as seed money to scale into high-cash-flow real estate deals. Learn the real rules about cash out 401(k) strategies, early withdrawal 10% penalty, RMDs, 1031 exchanges, self-directed IRA options, and how to calculate the true opportunity cost of letting your retirement money sit. If you’re serious about building passive income and real estate wealth — watch to the end.
#KassidyWarren
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#RichSomers
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Listen on Apple Podcast:
https://podcasts.apple.com/us/podcast/for-your-own-good/id1793769313
Watch #ForYourOwnGood on YouTube:
https://www.youtube.com/@KassidyWarren
tags:
401k, 401(k), cash out 401k, cashing out 401k, early withdrawal 401k, 401k penalty, 10% penalty, RMD, SECURE Act, real estate investing, 1031 exchange, self directed IRA, leverage, passive income, cash flow, retirement planning, financial freedom
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