If you’re close to retirement, one crucial aspect to consider is what to do with your hardearned 401k savings. This decision requires careful thought and planning, as it can significantly impact your financial wellbeing in the long run. James covers the key considerations to get the most out of your 401k plan:

➡ Analyzing Costs
➡ Assessing Control + Ease of Use
➡ Examining Investment Options
➡ Consolidations for Simplicity
➡ Coordinating Withdrawal Strategies

In addition to those factors, there are several other important considerations: understanding tax implications, net unrealized appreciation, and penaltyfree distributions.



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⏱ Timestamps ⏱
0:00 Intro
1:58 Costs
3:14 Control
5:04 Investment options
6:41 Consolidations
8:21 Ease of Use
9:10 Coordination
10:39 Tax implications
12:17 Net unrealized appreciation
13:24 Penaltyfree distributions
14:21 Outro


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