Words and Money: Debunking Your 401(k) - A Soloshow

W+M 005: Debunking Your 401(k) with Tess (a soloshow)

This week we're talking about the basics you need to know regarding your 401(k). I'm trying my best to get through the 4-Part 401(k) series published over on the blog, and explaining everything down to, "what is an asset allocation?" and "should I put money towards retirement or debt?" We're nailing all of that down here in this #soloshow on the pod. (Don't forget to download the cheat sheet, below!)

Listen to the show:

What you will hear:

• Follow along with the 4-part blog posts
• Part 1: What is a 401(k) and How do you know if you have one?
• Part 2: Are you leaving money on the table and how much to contribute?
• Part 3: Tax Advantages and Disadvantages of Pulling Out
• Part 4: What should you invest in and debt vs. retirement?

GET THE CHEAT SHEET

401(k) Cheat Sheet

Resources:

Aon Hewitt Study

The Swensen Model

Bonus: What 23 Financial Experts wish they knew about Investing in their 20s (many have to do with their 401k)