8min chapter

Wealthion - Be Financially Resilient cover image

Plan Like a Pro: Avoid These Costly Year-End Financial Mistakes

Wealthion - Be Financially Resilient

CHAPTER

Maximizing Retirement Savings Strategies

This chapter explores various retirement savings options, including 401ks and IRAs, emphasizing the significance of diversification and strategies for high earners like the backdoor Roth. It also discusses the benefits of converting traditional IRAs to Roth IRAs and how parents can contribute to their children's Roth IRAs to secure their financial future.

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