Employer Retirement Plans: KEOGH SEP SIMPLE, Qualified Pension, 401K

[@clintscott3300]

I’d be retiring or working less in 5 years, and considering this financial recession, I’m curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $250K per year but nothing to show for it yet.

[@westgibbs]

Do you have a 401k? you should contribute to your retirement diligently, or better still look into financial planning

[@AanyaDarika_]

Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time... I'm 50 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisor to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.

[@benalfredo]

this is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

[@AanyaDarika_]

I’ve shuffled through a few experts in the past, but settled with ‘LOREN LENA WALKER’. The strategy they use is recession-proof, more specifically profit-oriented, and most likely, you'd find her basic info on the net, she's a renowned advisor.

[@benalfredo]

thanks for info! curiously copied and pasted her full name on my browser, spotted her page easily, she actually looks very distinguished

[@alexnuaimi3299]

Thank you

[@AccountingLectures]

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[@MrJocruz1977]

I am an insurance agent and would like to know how could it benefit self employed individuals if they Purchase an IUL or Annuity under a Keogh plan? Thank you.

[@AccountingLectures]

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