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ORMost people think saving the same amount for retirement means the same outcome.
But that’s not always true. 👇
Meet Ted and Bill.
👤 Ted retires with $850,000 in his 401(k).
Every dollar he takes out in retirement is taxed as income.
👤 Bill also retires with $850,000.
But his savings are split:
• $425,000 in a 401(k)
• $425,000 in a Roth IRA
That means Bill has something powerful Ted doesn’t…
Flexibility.
Some of Bill’s retirement income can come out tax-free, which can give him more options when it comes to taxes, withdrawals, and planning.
And working with retirees, I see this all the time.
Many people retire with the majority of their savings in one type of account, which can leave them with very little flexibility in retirement.
Saving money is important.
But where you save it can matter just as much as how much you save.
So I’m curious…
👇 Would you rather be TED or BILL? Comment below. #retirementstrategy #retirementincome #retirementtips #401k #rothira
@orlandoretirementcoach










