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Ted Benna: The Inside Scoop From The Founder Of The 401k
Manage episode 327371233 series 2798004
In this episode, The Annuity Man and Ted Benna discuss:
- From spender to saver
- Getting more money in the long run
- Employees should care about employees
- Investing faster in your retirement
Key Takeaways:
- The biggest help that 401k’s have provided is that they converted employees from being spenders into savers.
- A 401k plan enables an employee to essentially get more money in the long run and have more resources to use when they retire.
- Because of the 401k, employers are now forced to care for their employees. They have to have some plans that benefit an employee's future to stay competitive in the market.
- When you’re building a nest egg for retirement, it’s better to do it faster rather than slower. If you’re saving pre-tax, you’ll be able to invest more money into your future rather than doing it after tax.
"The biggest benefit of it [401k] is that it has actually helped convert spenders into savers - most employees would not do this if they had to do it on their own… enables them into becoming successful savers" — Ted Benna
Connect with Ted Benna:
Website: http://benna401k.com/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!
281 afleveringen
Manage episode 327371233 series 2798004
In this episode, The Annuity Man and Ted Benna discuss:
- From spender to saver
- Getting more money in the long run
- Employees should care about employees
- Investing faster in your retirement
Key Takeaways:
- The biggest help that 401k’s have provided is that they converted employees from being spenders into savers.
- A 401k plan enables an employee to essentially get more money in the long run and have more resources to use when they retire.
- Because of the 401k, employers are now forced to care for their employees. They have to have some plans that benefit an employee's future to stay competitive in the market.
- When you’re building a nest egg for retirement, it’s better to do it faster rather than slower. If you’re saving pre-tax, you’ll be able to invest more money into your future rather than doing it after tax.
"The biggest benefit of it [401k] is that it has actually helped convert spenders into savers - most employees would not do this if they had to do it on their own… enables them into becoming successful savers" — Ted Benna
Connect with Ted Benna:
Website: http://benna401k.com/
Connect with The Annuity Man:
Website: http://theannuityman.com/
Email: Stan@TheAnnuityMan.com
Book: Owner’s Manuals: https://www.stantheannuityman.com/how-do-annuities-work
YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g
Get a Quote Today - https://www.stantheannuityman.com/annuity-calculator!
281 afleveringen
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