Fri, 2 December 2016
#112: Two undercover thieves are robbing you of your dreams. They’re stealing your prosperity both now and in the future.
This is why people think they’re “getting ahead,” but they’re falling behind.
Learn about the problems with 401(k)s and inflation - it’s even worse than you think. Learn how to get on top of this and get empowered today.
Keith brings you today's show from Dallas, TX.
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Listen to this week’s show and learn:
02:33 Be unusual.
03:33 A terribly naive statement: “Socking away money in your 401(k) will make you a millionaire.”
07:08 401(k) saving is misdirected. It’s herd mentality pumped up by a billionaire-dollar Wall Street marketing campaigns.
09:40 History of the 401(k) and Ted Benna, creator of the Plan. “Salary Reduction Plans.”
13:35 Dollar-for-dollar matches in 401(k)s.
17:12 A 401(k) is a ZERO cash flow plan.
24:24 The secret monthly bill that you don’t know that you’re paying.
26:57 Real ROI vs. Nominal ROI: How “winning” is really losing.
28:38 Taxation is not adjusted for inflation.
30:40 The first step to solving your problem is recognizing that there is one.
32:04 Your real estate cash flow increases faster than inflation over time. See at: GetRichEducation.com/videos