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How to build wealth in your 20s
3 years ago
12
Financial Independence
Index Fund
Index funds
Roth IRA
401k
IRA
403b
twenties
How to build wealth
Investing
Real Estate
TLDW
1) Take advantage of all tax advantaged accounts.
2) Invest in Index Funds, Side Hustles, and your skill stack.
3) This is not intended to be tax/financial advice. This is for educational purposes only.
0:00- Intro
1:35 - Invest Every Dollar
2:00 - 401K Match
3:24 - Roth IRA
4:37- Pay off Debt
5:49- Real Estate (Optional)
6:40 -Max 401k
7:30 - Excel Walkthrough of Retirement Account growth
9:10- Taxable Brokerage
9:42- Discuss Examples of High-level Investment Allocations
10:27- Highly Compensated Employee
11:49- Entrepreneurial Employees
13:32- Medium to Low-Income Employees
15:05- Invest your raises
16:57- Conclusion
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