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Retirement planning at 40. This account started out paying about $200 a month. This year it's paying around $6,000 a month, and ten years from now it might be paying $20,000. DM me FLIP on Instagram @brandonanthonyclark for the 5 step training. #shorts #retirementplanning #infinitebanking
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401k vs a 7702 plan (life insurance retirement plan). A 401k takes money from your gross pay, goes up and down with the market, and gets taxed when you take it out, with age rules at 59 and a half and 73. A 7702 plan is funded with after-tax money from your net pay, so there's no 59 and a half rule and no RMD at 73, and money can come out tax free when it's structured correctly. Part 4 of 7 in The 401k Lie. Follow @brandonanthonyclark for part 5. DM me LEGACY on Instagram for the full blueprint
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