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RE: LeoThread 2025-05-02 01:43

in LeoFinance5 months ago

Part 6/8:

The 401k, held at TIA, boasts a total of $22,197.99. Despite only working one job that provided a 401k with an impressive employer match—10% to the employee’s 2%—he hasn't contributed to this account recently as he transitioned to self-employment.

Brokerage Account

At $51,477.34, the brokerage account represents his largest investment platform, with contributions standing at $36,865, allowing him flexibility to access funds when needed.

Savings Account

Though not an investment account, the savings account plays a crucial role in financial health. He maintains a balance of $20,000, aiming for at least $40,000 for additional peace of mind amidst income fluctuations.

The Greater Message: Starting Your Financial Journey