Скачать или смотреть THE HUGE LGBT RETIREMENT PROBLEM | Retirement Plan | Debt Free Guys

"Yikes! 28% of LGBTQ+ Americans don't have access to an employer-sponsored retirement account per the recent TMF/DFG LGBTQ+ Money Study.

What is an employer-sponsored retirement account? An account that lets you save for retirement and often you employer contributes to it too.

Examples include 401(k)s, 403(b)s (for non-profit folks) and 457s for government jobs

Why’s this a big deal?

80% of 10,000 millionaires attributed their millionaire status to their 401(k), not an inheritance, not a 6-figure job, but their company-sponsored retirement plan

A former boss once told us, “Find out what successful people do and do that.” So, let’s do this!

What should you do if you don’t have access to such a plan?

1. Pressure your current employer - financial security/reduced financial anxiety improves worker productivity, reduces sick and mental health days and is the right thing to do
2. Find a new job - this is a great time to be in the market for a new job - use this opportunity
3. Start your own business for the tax benefits, reduced reliance on an employer and creativity, then open a solo 401(k) and contribute as both the employer and employee but talk with an accountant first
4. Open another type of retirement account, such as a Traditional and Roth IRA

We make the Queer Money® podcast for you, so please post your money questions in the QM FB group, and we may answer your question in an upcoming episode.

What should you do now?

✅ Subscribe to the Queer Money® podcast here @ https://debtfreeguys.com/qm

Get more!

✅ Hear this original Queer Money® episode @ https://apple.co/3CvafEX

✅ Join the conversation in the Queer Money Facebook Group @   / queermoney  

✅ Email us with questions @ [email protected]

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We’re David and John Auten-Schneider, the Debt Free Guys (https://debtfreeguys.com) and hosts of the Queer Money® podcast. We help queer people (and allies) live fabulously not fabulously broke by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.

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