We’re living in a fast-food world, but sometimes it’s worth waiting for the good stuff. Making financial sacrifices can be hard, but today we talk about when the delayed gratification is worth it. From saving for your future to having what you need in retirement, you’ll want to be strategic about your money.
Sometimes the decisions you make might feel small or inconsequential, but if you think 30 or 40 years down the road, some of these choices can be costly. For instance, if you’re thinking about cashing out a retirement fund, be aware of all the costs involved, both now and in the future. Having a financial professional can help you navigate these so you can feel confident in what you do next with your money.
Here’s some of what we discuss in this episode:
- Passing on the 401(k) match.
- Leveraging your Roth.
- Once you’re retired, do you need an emergency fund?
- Cashing out a retirement plan.