Maximizing 401(k) Contributions, Taxable Investments, and Strategies for Financial Freedom

11/11/2024 19 min Episodio 44

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Episode Synopsis

In episode 44 of Financial Conditioning, Simon Karmarkar explores the 2025 401(k) contribution limits and catch-up options for those aged 60-63, introducing the new retirement stool. He offers strategies to maximize contributions, build a taxable investment portfolio, and leverage compounding returns. Viewing 401(k) as retirement insurance, Simon shares insights for high-net-worth individuals and discusses income, expenses, and debt management. He delves into the Coast Financial Independence concept and stresses the importance of consulting a financial planner, all aimed at empowering your financial journey.

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