Become a MILLIONAIRE: 401(k) & ROTH IRA

You can become a MILLIONAIRE by making small changes to your investments today. If you haven't started investing yet, opening a 401(k) and a ROTH IRA [TODAY] is your first step. And it's so easy to do. Watch this video to find out how compound interest works and identify all the pros/ cons with investing in your retirement accounts.

A special shoutout to Capitalize for sponsoring this video. Follow the link below to utilize their FREE services when you need to rollover your existing 401(k) into an IRA. I used their services recently when I quit my job and the process of my 401(k) rollover was quick, easy, and painless. Checkout the timestamp in this video to learn about the awesome experience I had working with Capitalize on my rollover.

Take a look at this video to learn how to make your money work for you in your investment accounts.

0:00 Introduction
0:43 Why you should invest in 401K and Roth IRA
0:51 How compound interest works
1:19 Example of compound growth
2:00 Difference between Roth IRA and 401K
2:34 What is 401K
2:57 Why you should invest in 401K
4:27 401K Cons
5:27 How to rollover your 401K to IRA
6:23 Why you should rollover your 401K to IRA
6:50 What is Roth IRA
7:07 Why you should invest in Roth IRA
8:18 Roth IRA Cons

After watching this video, you should start contributing to your 401K and Roth IRA TODAY! Start investing early and let compound interest do its thang, baby..

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[marioramzy]

Great video! I wanted to start investing in my Roth but all of the index funds have a $3k minimum to start investing

[KrystalBella]

Can solo self employed people open a 401k . I noticed it said you can only get one from an employer . Wasn’t sure if I could still get one, sounded like the best option. Would I be matching it myself or could I get the bank to do that?

[autumnthompson]

Have been waiting for this video to drop! When you roll over your 401k to an IRA is that a traditional IRA or can it be a Roth?