Is There Something Better Than A 401k? (Knoxville, TN)
Hi, this is Scott Smith with Banker Brokers.com. How are you doing today? Are you getting ready for a happy Christmas and a happy Hanukkah? I hope so. Um, little, wanna talk a little bit about 401ks. Uh, some of you are looking at your 401ks and saying, gosh, with the money that's in there. Uh, I don't know how I'm ever gonna retire. So let's talk about 401ks. It was started 46 years ago. Uh, before that, nobody had a 401k. It didn't exist. Your grandparents and great-grandparents didn't have a 401k at all when they were getting ready for retirement. Uh, they were the boomers in life, and they had pensions. Uh, here's things about pensions, they're, uh, guaranteed retirement income until you die. Uh, often guarantee retirement income for your spouse too until they pass away cause it carries on. It's 100% independent of market collapse. It's federal income tax and state income tax-free. It's pretty good. Um. And now Uh, that's kinda, that kinda went away because everybody was sold on 401ks. 401ks are not guaranteed. They are 100% connected to the stock market, which fluctuates, goes up and down, up and down, up and down, and they're fully taxable every last red cent, you're not gonna get away. And if you die before you use it, guess what, your heirs get to pay, know that firsthand. Some might say Wall Street put a fast one. That might be your opinion too on the American workers when the 401k was invented, but what a lot of 401k and IRA owners don't know is that there is a tax-free uh way to generate income in retirement that you cannot outlive. Uh, this is the exact same legal loophole that very wealthy families, uh, uh, use and large corporations have used for decades to build tax-free wealth, uh, for their C-suite people, their uppity up people and the companies. Um, the great thing about it is, is that, uh, you, quite possibly can qualify to have access to it too, where, um, And it's not just the super wealthy anymore or the super uh clued in who can have tax-free retirement, uh, as, as a pension that's guaranteed for life. Um, you, you can possibly qualify for it too. Um, so, uh, ask your financial advisor if you don't know a financial advisor that is clued in about tax-free income for life. Instead of 401ks, you're more than welcome to contact us at bankerbrokers.com. That's bakerbrokers.com. Uh, we're here to educate. You'll not get a heavy sales pitch, no constant returning phone calls, but if you have questions to see, uh, uh. Or what, uh, tax-free lifetime income is about. And if you qualify, we're more than here to, uh, welcome to educate you on that. This is Scott Smith with Banker Brokers.com, and I hope you're preparing for a very great holiday season. Merry Christmas. Happy Hanukkah.

Schedule a consultation by calling us at (865) 687-1910!
By Naresh Kumar January 13, 2025
At Banker Brokers, we believe that no one in our community should ever face the fear of an empty plate. That’s why we’re proud to support Second Harvest Food Bank of East Tennessee in their unwavering mission to provide nutritious meals to adults, seniors, and children across 18 counties. Hunger in East Tennessee affects over 230,000 individuals, a heartbreaking reality Second Harvest works tirelessly to change. By addressing the root causes of food insecurity—social inequality and systemic barriers—they are creating pathways to nourishment and hope for everyone, regardless of their background. To help amplify their life-changing efforts, Banker Brokers is donating $25 for every referral we receive to Second Harvest. Each referral translates to meals, support, and relief for families facing the uncertainty of hunger. Your participation is simple but powerful. Share a name, and you’ll be part of a movement bringing stability and dignity to neighbors in need. Together, we can help ensure that no one in our community goes to bed hungry. Join us in this heartfelt mission. Let’s build a brighter, healthier East Tennessee—one meal, one family, and one referral at a time.
By Lee Roberts May 30, 2024
Banker Brokers is thrilled to announce our latest Community Cause campaign in partnership with Second Harvest Food Bank of East Tennessee. Our mission is to support their vision of providing adequate nutrition for a healthy life to adults, seniors, and children across 18 counties.
Show More
Share by: