Did you grow a nice-sized 401K portfolio? Great, good job, so how will you employ it during retirement? Most people will live in fear while trying to withdraw income yearly. Or, they will live in fear as they allow their financial advisor to control their funds. But we need not live in fear. We can convert our 401K into multiple income-producing assets, an emergency fund, and an all-weather bond fund. All it takes is education and action. We must understand that we can grow our income inside our portfolio by reinvesting ...
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Did you grow a nice-sized 401K portfolio? Great, good job, so how will you employ it during retirement? Most people will live in fear while trying to withdraw income yearly. Or, they will live in fear as they allow their financial advisor to control their funds. But we need not live in fear. We can convert our 401K into multiple income-producing assets, an emergency fund, and an all-weather bond fund. All it takes is education and action. We must understand that we can grow our income inside our portfolio by reinvesting and outside our portfolio by sharing our assets. Together, we can create multiple streams of income, a safety net, a hedge against inflation, and generational wealth. Good Luck!
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