5-31-24 Should You Borrow Against Your 401k?

With weaker economic data trickling in, are Fed rate cuts coming sooner than later? What's the deal with 401k's? The best way to take money out of a 401k; executing an "in-service rollover;" tax implications and fund seasoning details you need to know; remember fees and expense ratios. What about Roth's: pre-tax funds & retirement; making too much money? Dealing with shifts in RMD's: The government wants its revenue sooner than later. Dealing with hardship withdrawals; what is and isn't exempted. The folly of borrowing against a 401k (Hint: Don't do it!) What about collateralizing 401k funds? (See previous comment) 401k leakage and retirement shortfalls. Is there wisdom in going to Gold? Pro's & con's discussion: Gold is not spendable. SEG-1: Are Rate Cuts Coming in the Wake of Weaker Economic Data? SEG-2: What's the Best Way to Take Money from a 401k? SEG-3: What About Roth's? SEG-4: Collateralizing 401k's and the Lure of Gold Hosted by RIA Advisors Senior Financial Advisor Danny Ratliff, CFP, w Sr. Relashipship Manager, Matt Doyle, CFP Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=zaFHcrYr414&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- Articles mentioned in this report: "The Power Grid Expansion – Part Two" https://realinvestmentadvice.com/the-power-grid-expansion-part-two/ "No, Corporate Greed Is Not The Cause Of Inflation." https://realinvestmentadvice.com/no-corporate-greed-is-not-the-cause-of-inflation/ ------- The latest installment of our new feature, Before the Bell, "Is Weaker Pricing Ahead?" is here: https://www.youtube.com/watch?v=LRN8k8kauYo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "How to Benefit from the Coming Power Grid Expansion" https://www.youtube.com/watch?v=TwfPDOKaFjE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=13s -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #RetirementPlanning #401k #Gold #RequiredMinimumDistribution #Roth #InServiceRollover #TaxImplications #401kLeakage #Collateralizing401kFunds #RetirementShortfalls #GoingtoGold #Markets #Money #Investing