Travis Makes Money Make Money for Retirement | Should You IGNORE Grant Cardone's Advice???
Sep 17, 2025
Dive into the heated debate around Grant Cardone’s bold claim that 401(k)s are a 'trap.' Explore the implications of traditional versus Roth accounts, and how Cardone's advice may not suit everyone. Travis offers a balanced analysis, discussing cash flow and flexibility in retirement planning. It’s a practical conversation about what really matters for your financial future.
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401(k) Tax Timing Risk
- Grant Cardone frames 401(k)s as a long-term trap because withdrawals are taxed when you retire.
- He warns taxes will likely be higher in the future, reducing your retirement flexibility.
Use Roth Accounts For Tax-Free Growth
- Consider Roth-style accounts if you want tax-free growth and tax-free withdrawals later.
- Ask your financial advisor which retirement account type fits your tax and flexibility goals.
Flexibility Versus Locked Savings
- Grant prioritizes freedom, flexibility, and cash flow over locked retirement savings.
- Travis notes that retirement accounts can still offer liquidity via loans against balances or insurance loans.