Why Your 401(k) and IRA Might Be Your Family’s Worst Nightmare

Get started with Infinite Banking now: https://bit.ly/41WtVOA Passive income is the key to freedom: https://bit.ly/4ijiCH2 Are traditional retirement plans like 401(k)s and IRAs the worst thing for your estate? You might be unknowingly setting your family up for massive tax burdens after you are gone. In this episode, I, Chris Miles—your Cashflow Expert and Anti-Financial Advisor—break down why 401(k)s and IRAs might not be the best way to build generational wealth and what alternatives could be smarter. I cover: Why recent tax law changes could ruin your heirs’ inheritance The hidden tax time bomb inside your retirement account Why waiting to pay taxes might be a bad idea How to legally protect your wealth and pass on more to your family Why life insurance could be the secret weapon to estate planning If you are still maxing out your retirement accounts, you need to watch this. Timestamps: 00:00 – Why 401(k)s and IRAs Could Hurt Your Estate Plan 01:41 – How Tax Laws Have Changed and What It Means for You 03:16 – What Happens When Your Heirs Inherit a 401(k) or IRA 04:48 – The 10-Year Withdrawal Rule That Could Cost Your Family 07:32 – Why You May Pay Higher Taxes in Retirement 09:41 – Is a Roth IRA a Better Alternative 11:13 – How Life Insurance Can Create Tax-Free Wealth for Your Family 14:49 – The Benefits of Infinite Banking vs. Retirement Plans 16:46 – What Are the Best Ways to Protect Your Wealth 17:27 – How to Leave a Real Financial Legacy for Your Family