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Episode 9: The Retirement Account Trap
Episode 9: The Retirement Account Trap
M.C. Laubscher here, and welcome to Infinite Banking Daily, where you get your daily dose of the best alternative wealth building strategies.
Today we tackle the sacred cow of personal finance: the 401(k) and IRA. You've been told to max these out your entire career. But have you ever stopped to ask who really benefits? Your money is locked away for decades. You can't touch it without penalties. Wall Street charges fees every single year—whether your account goes up OR down. And when you finally retire, you'll pay taxes on every dollar you withdraw. Is…
The skinny
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