The Financial Concepts Podcast
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How To Make Your 401k As Healthy As Possible (Ep.4)
We live in a world where costs are skyrocketing which we can’t control. But you do have control over if you’re investing in a 401k for your retirement.
In this episode, Scott Ferguson discusses how you can use a 401k to your advantage and increase your contributions to save the most for your retirement.
Scott discusses:
- Why your just leaving money on the table if your not participating in a 401k
- Why you should avoid forgetting about your old 401k
- Why you shouldn’t leave your employer if you are close to being vested in a 401k
- Not borrowing from your 401k unless you absolutely have to
- Increasing your 401k contributions as your pay increases
- And more
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