065: Optimizing Your 401(k) for Retirement with Drew Jones
Play • 34 min

For many people, the 401(k) is their largest asset. From the moment you take your first job, your employer may automatically enroll you into a 401(k), but the plan administrator rarely has your best interests in mind–and barely knows your name.

So, how do you personalize the 401(k) to your unique needs and ensure that it will help take you through retirement and beyond? To answer that question, I’m excited to talk to Drew Jones. He’s a CERTIFIED FINANCIAL PLANNER™ who specializes in working with people aged 55 and older, helping them create holistic financial plans using a combination of financial and insurance products, tax reduction strategies, and proper estate planning.

In today’s episode, Drew walks me through how he works with new clients looking to talk about retirement. You’ll learn how to assess risk in your financial plan, how to use different retirement vehicles to best suit your unique needs, and ensure that you’ll be able to protect your spouse or family should the worst happen.

In this podcast interview, you’ll learn:

  • Why employers often fail to personalize 401(k) plans to meet employee needs.
  • What makes a typical 401(k) plan riskier than people think they are–and how Drew helps his clients reallocate their assets.
  • The difference between a traditional or a Roth 401(k) and how to choose which will best serve you.
  • How to stress test your portfolio.
  • The key questions you need to ask as you build out your retirement plan.

Get Today's Show Notes

To get a full recap of today's conversation, including the biggest takeaways, transcripts, and links to all the resources mentioned, visit GuidedRetirementShow.com/65

Learn More about Retirement Planning

Find out more about retirement planning and Barber Financial Group, by visiting BarberFinancialGroup.com

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