In this conversation, Kevin Blanchard discusses the current state of the stock market and the rise of 401k millionaires. He explores the options available to individuals who have reached this milestone and suggests considering taking profits and diversifying investments. Kevin also highlights the importance of having a well-designed portfolio strategy, such as MarketGuard, that can determine the right time to hold or sell positions. He compares portfolio construction to baking cookies, emphasizing the need for the right ingredients, asset selection, and allocation. Additionally, Kevin discusses alternative options outside of 401ks, such as Roth IRAs and max funded life insurance, and addresses the possibility of the government eliminating pre-tax contributions in 401ks. He encourages listeners to schedule a consultation to explore these options further.

Ready to connect with David and Kevin?  Visit Meche & Associates today!