Jill on Money with Jill Schlesinger Brokerage Over 401(k)?
19 snips
Sep 10, 2025 Explore the intriguing debate between choosing a brokerage account and a traditional 401(k). Discover the financial pros and cons of paying off a mortgage versus investing. The hosts highlight unique wines while discussing estate planning and life insurance. Dive into retirement strategies and the advantages of Roth accounts, alongside insights on navigating debt and college savings. Tune in for tailored advice on personal finance decisions that cater to individual circumstances!
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Keep Liquid Money Outside Retirement
- If you need liquidity or flexibility, prefer brokerage funds over adding to pre-tax retirement accounts.
- Keep accessible money outside retirement accounts to avoid locking up funds you might need.
Listener Case: Family With Diverse Accounts
- Pete is a mid-40s married father of three with a home, mortgage, and significant 529 balances.
- He shared his asset mix including Roth 401(k), rollover 403(b), SEP, backdoor Roths, and a $50k brokerage.
Confirm Employer Plan Details First
- Verify unusual employer retirement setups with your accountant before contributing.
- If a SEP is unexpected or non-Roth, consider routing extra savings into brokerage instead.