Why Roth 401K is Better for Your FIRE Journey

How does the federal income tax work? And how can a Roth 401K and a Traditional 401K benefit you in retirement? And does it make more sense to pay taxes now or later with your retirement savings? Let's dive deep into the 401K savings.

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⏰ Table of Contents ⏰
0:00 How Federal Income Tax Works
4:57 Marginal Tax Rate vs Effective Tax Rate
10:35 Traditional 401K Breakdown
15:47 Traditional 401K Calculations
23:12 Roth 401K Breakdown
28:40 Roth 401K Calculations

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Disclaimer: This video is not in any form of personalized financial advice. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary.

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