I was told a 401k is an excellent way to save for my retirement. Matching is cool. Tax deductible is cool. But that was not the whole story.

But what if I had an emergency and needed the money. Well too bad. You can borrow half, but you had to pay it back.

What if I dissolve it before I retire? Ooo, bad news again. Not only will it be taxed as income, but you will be penalized.

When I do retire, it will be taxed as income. But that will take away from the money I need then. That also means any gains made on the money is taxed as normal income as opposed to long term gains even though it has been invested for years.

Is there a better way? Please contact me by email of Facebook as below. Let’s find a better way. Let’s have a tax-free retirement.