Host John Chapman of the John Chapman Show talks about the choices you can make as they pertain to your old 401ks. John will also help you understand IRAs, and compare the traditional IRA to the Roth IRA and what exactly a self-employed 401k is. 



Episode Highlights:
        John Chapman introduces the show topic of the options for your old 401ks.
        What is your greatest asset? 
        What are your options for your old 401k?
        What are the cons of your 401k options?  
        What makes the IRA unique? 
        How does the Solo 401k work and who uses them?  



3 Key Points:
  You are your biggest asset so keep improving yourself and increase your ability to earn. 
  Options for old 401ks include: keep it where it is at if it is over $5,000, roll it into your new company, roll it over to a traditional IRA account. 
  The universe of ETFs are over 5,000 and common stocks have over 8,000 on US exchanges. 

 

Tweetable Quotes:
    “I’m a huge advocate for you treating yourself with the care and attention and tenderness that you would an asset, like a piece of real estate.”– John Chapman
    “IRA accounts, they were signed into law with the Employee Retirement Income Security Act, commonly know ERISA.”– John Chapman
    “The universe of mutual funds is like 14,00 mutual funds. It’s huge.”– John Chapman



Resources Mentioned:

● Linkedin: John Chapman

Host John Chapman of the John Chapman Show talks about the choices you can make as they pertain to your old 401ks. John will also help you understand IRAs, and compare the traditional IRA to the Roth IRA and what exactly a self-employed 401k is.&nbsp;

Episode Highlights:
<ul>
<li>&nbsp; &nbsp; &nbsp; &nbsp; John Chapman introduces the show topic of the options for your old 401ks.</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What is your greatest asset?&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What are your options for your old 401k?</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What are the cons of your 401k options?&nbsp;&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; What makes the IRA unique?&nbsp;</li>
<li>&nbsp; &nbsp; &nbsp; &nbsp; How does the Solo 401k work and who uses them?&nbsp;&nbsp;</li>
</ul>

3 Key Points:
<ol>
<li>&nbsp; You are your biggest asset so keep improving yourself and increase your ability to earn.&nbsp;</li>
<li>&nbsp; Options for old 401ks include: keep it where it is at if it is over $5,000, roll it into your new company, roll it over to a traditional IRA account.&nbsp;</li>
<li>&nbsp; The universe of ETFs are over 5,000 and common stocks have over 8,000 on US exchanges.&nbsp;</li>
</ol>
&nbsp;
Tweetable Quotes:
<ul>
<li>&nbsp; &nbsp; &ldquo;I&rsquo;m a huge advocate for you treating yourself with the care and attention and tenderness that you would an asset, like a piece of real estate.&rdquo;&ndash; John Chapman</li>
<li>&nbsp; &nbsp; &ldquo;IRA accounts, they were signed into law with the Employee Retirement Income Security Act, commonly know ERISA.&rdquo;&ndash; John Chapman</li>
<li>&nbsp; &nbsp; &ldquo;The universe of mutual funds is like 14,00 mutual funds. It&rsquo;s huge.&rdquo;&ndash; John Chapman</li>
</ul>

Resources Mentioned:
● Linkedin:<a href="https://www.linkedin.com/in/johnchapmannewportbeach/"> John Chapman</a>

The John Chapman Show is your source for retirement strategies to help you better manage your time and money. Pre-retirees face some major headwinds: ultra low interest rates, high stock valuations, increasing healthcare costs and longevity, and the ever changing tax and estate laws. If you're planning to retire within the next 10 years, are you on track to attain financial independence? Host, John Chapman, is a CFP® and Partner at WorthPointe, a boutique wealth management firm helping clients get the most from life with the money they do have. For more information, you can check out www.thejohnchapmanshow.com. 

The John Chapman Show is your source for retirement strategies to help you better manage your time and money. Pre-retirees face some major headwinds: ultra low interest rates, high stock valuations, increasing healthcare costs and longevity, and the ever changing tax and estate laws. If you're planning to retire within the next 10 years, are you on track to attain financial independence? Host, John Chapman, is a CFP&reg; and Partner at WorthPointe, a boutique wealth management firm helping clients get the most from life with the money they do have. For more information, you can check out <a href="http://www.thejohnchapmanshow.com">www.thejohnchapmanshow.com</a>.&nbsp;

The John Chapman Show Podcast

Planning to retire in the next 5-10 years? Want to ensure you are retirement ready? 

The John Chapman Show is your source for retirement strategies to help you better manage your investing, tax, insurance and estate planning.  

Pre-retirees biggest risks lie in not just investing the wealth they’ve built, but also in maintaining an up to date and secure financial plan as life changes. 

As you make the final push in your working career, be sure to stay on track with your financial plan so that ultimately you get the MOST from life with the money you do have. 

Host, John Chapman, is a CFP® and Partner at WorthPointe, a boutique wealth management firm helping clients gain financial peace of mind.

Planning to retire in the next 5-10 years? Want to ensure you are retirement ready?&nbsp;
The John Chapman Show is your source for retirement strategies to help you better manage your investing, tax, insurance and estate planning.&nbsp;&nbsp;
Pre-retirees biggest risks lie in not just investing the wealth they&rsquo;ve built, but also in maintaining an up to date and secure financial plan as life changes.&nbsp;
As you make the final push in your working career, be sure to stay on track with your financial plan so that ultimately you get the MOST from life with the money you do have.&nbsp;
Host, John Chapman, is a CFP&reg; and Partner at WorthPointe, a boutique wealth management firm helping clients gain financial peace of mind.

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