Stop Putting Everything in Your 401k | Brandy Maben

Windrock Wealth Management's Brandy Maben joins Maggie Lake to talk about a retirement planning mistake she sees all the time: too much money in one bucket. Brandy walks through a real example of a surgeon whose 401k could leave him paying 40% or more in taxes on required minimum distributions, and shares a simple one-third rule for balancing taxable, deferred, and tax-free accounts. She also explains why your highest-growth investments belong in a Roth, and why your 401k could end up becoming a tax burden on your heirs.

Not sure how you should split your savings across taxable, deferred, and tax-free accounts? Get a free portfolio review with Brandy and the team at WindRock Wealth at https://bit.ly/3PT3N53

Get to Know Brandy Maben: Strategic Planning for a Life of Financial Freedom https://youtu.be/ArSNoZKSxwA

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