Rashida Herbers
Rashida Herbers
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How Much You SHOULD Have In Your 401(k) By Age
📈 How Much Should You Have in Your 401(k) by Age? (2024 Guide)
Discover exactly how much you should have saved in your 401(k) at every age in 2024. From your 20s to your 60s, learn the real savings targets you need to retire comfortably. Plus, get a powerful "Triple-Maximize Strategy" that could double your 401(k) returns!
💸 Earn $300 from SoFi Bank! Currently paying 4.2% APY ➡️ www.sofi.com/invite/money?gcp=7289cc7b-8d04-4e47-9f44-561e62d30eb5&isAliasGcp=false
Money Mindset Playlist: th-cam.com/play/PLQ189wPdVPeId0Y5O7ZYvpQMzGXoBnb49.html&si=-FLq97jA7vgblbBU
⏰ Timestamps:
0:00 - Introduction
2:00 - Why 401(k)s Matter More Than Ever
4:00 - The Reality of Retirement in 2024
6:00 - Savings Targets in Your 20s
7:30 - 30s Growth Phase Strategy
9:00 - 40s Acceleration Phase
10:30 - 50s Power Years
12:00 - 60s Fine-Tuning Phase
13:00 - The Triple-Maximize Strategy
16:00 - Catch-Up Strategies
18:30 - Action Steps
💰 Key Topics Covered:
- Real 401(k) balance targets by age
- How to catch up if you're behind
- The truth about employer matching
- Best investment strategies for each age
- Tax optimization secrets
- Common 401(k) mistakes to avoid
🔥 FREE RESOURCES:
Check out our recommended high-yield savings account: www.sofi.com/invite/money?gcp=7289cc7b-8d04-4e47-9f44-561e62d30eb5&isAliasGcp=false
#PersonalFinance #Retirement #401k #FinancialFreedom #MoneyTips #RetirementPlanning #InvestingTips #WealthBuilding
*Disclaimer: This content is for informational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor for personalized recommendations.
th-cam.com/play/PLQ189wPdVPeId0Y5O7ZYvpQMzGXoBnb49.html&si=-FLq97jA7vgblbBU
F T C D I S C L A I M E R : :
Some affiliate links may be used above, meaning that I may receive a commission should you decide to click that link and make a purchase. My content is UNINFLUENCED by brands, PR products received, usage of affiliate links, or brand partnerships. THIS VIDEO IS NOT SPONSORED
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..
➸ BUSINESS INQUIRIES ONLY:
Rashida.SmartMoney@Gmail.com
➸ S U B S C R I B E … www.youtube.com/@RashidaHerbersMoney
Credits:
Free Stock Footage by Vecteezy.com
มุมมอง: 98

วีดีโอ

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ความคิดเห็น

  • @ToyinO-mr8gk
    @ToyinO-mr8gk 39 วินาทีที่ผ่านมา

    So smart! They need to teach this in school!

  • @duckduckchini
    @duckduckchini 20 นาทีที่ผ่านมา

    Ok, I need to start taking this more seriously and catch up!

  • @Tiffany-un3hw
    @Tiffany-un3hw 33 นาทีที่ผ่านมา

    I saw the thumbnail and wondered if you two were twins. 😊

  • @katherinekamaria
    @katherinekamaria 36 นาทีที่ผ่านมา

    Thank you ladies! 🙌🏽

  • @ChinithaJohnson
    @ChinithaJohnson 2 ชั่วโมงที่ผ่านมา

    Hear me out…put this entire video in a ebook or guide and sell it.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 48 นาทีที่ผ่านมา

      Wooooow! That is quite the complement!

  • @ChinithaJohnson
    @ChinithaJohnson 2 ชั่วโมงที่ผ่านมา

    This is sooo good and you got my girl on here who just happens to be your twin! I love it! ❤ Thank yall so much for this 🎉

  • @briancrisp528
    @briancrisp528 4 ชั่วโมงที่ผ่านมา

    Great video sis 👍🏽

  • @cakenicole7417
    @cakenicole7417 4 ชั่วโมงที่ผ่านมา

    Rashida could you do a video on what we could cut costs on and how that could benefit a person? Asking because I haven’t gotten my nails done in over 5 years! I still can’t afford to on my 80k income. It costs around now I think $$40-60 for a fill-in now. Some of us don’t know where to start 🤷🏽‍♀️ with cutting costs.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 4 ชั่วโมงที่ผ่านมา

      Nicole, I got you! I will come up a great video covering this topic as I know so many people are struggling to stretch those dollars these days.

  • @neciajax
    @neciajax 4 ชั่วโมงที่ผ่านมา

    I get anxiety thinking about retirement planning but it has to be done. So thankful for this information Rashida. I'll be back! 💕

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 4 ชั่วโมงที่ผ่านมา

      Yes! 🙌🏾 Happy to hear you are going to take it serious! Take care of your future self now!

  • @pamgamby8336
    @pamgamby8336 6 ชั่วโมงที่ผ่านมา

    This is so helpful! I'm almost on track for my age, but this is definitely good information I can use.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 6 ชั่วโมงที่ผ่านมา

      Awesome!!! 👏🏾. Just raise that contribution rate 1-2% each year so you can reach for Champion Level! 🏆

  • @SharidaM
    @SharidaM 7 ชั่วโมงที่ผ่านมา

    Man really love this video! I am not at all as far off as I thought. Hitting champion level in near future God willing.

  • @elizabethherbers5353
    @elizabethherbers5353 7 ชั่วโมงที่ผ่านมา

    🤓🤓❤

  • @sophiajco
    @sophiajco 8 ชั่วโมงที่ผ่านมา

    The gems dropped in this video!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 7 ชั่วโมงที่ผ่านมา

      💎 💎 💎! I see you are picking up what we threw down. Thanks for joining us.

  • @punisher6659
    @punisher6659 8 ชั่วโมงที่ผ่านมา

    Good morning.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 7 ชั่วโมงที่ผ่านมา

      Good Morning and thanks for joining us Punisher!

  • @sandysullivan3098
    @sandysullivan3098 8 ชั่วโมงที่ผ่านมา

    This was so helpful, Rashida! Loving your channel!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 7 ชั่วโมงที่ผ่านมา

      Thank you so much Sandy!!! I’m glad you got value from it. Helps to be able to put real numbers on things and gain better perspective.

  • @SharidaM
    @SharidaM 8 ชั่วโมงที่ผ่านมา

    Hey TWIIIIN!

  • @TalkingwithScents
    @TalkingwithScents 8 ชั่วโมงที่ผ่านมา

    I unfortunately am so behind in this process that I’m afraid I won’t be able to retire in 8 years 😢 I will incorporate some of your tips to at least advance a little further.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 8 ชั่วโมงที่ผ่านมา

      You got this! Get laser focused and put everything else on the back burner. You are taking a huge step in getting educated and taking action.

  • @TalkingwithScents
    @TalkingwithScents 9 ชั่วโมงที่ผ่านมา

    Good morning Rashida 😊

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 9 ชั่วโมงที่ผ่านมา

      Good Morning! 😃 Thanks for being here first my friend!

  • @Carolina-kl3vo
    @Carolina-kl3vo 9 ชั่วโมงที่ผ่านมา

    You guys are sooo sweet! Such an Inspiration. Thx for these video!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 7 ชั่วโมงที่ผ่านมา

      Thanks for tuning in! 🫶🏾

  • @CozyMutha
    @CozyMutha 18 ชั่วโมงที่ผ่านมา

    im laughing at myself thinking the thumbnail was a hair before and after lol

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 5 ชั่วโมงที่ผ่านมา

      A few people had this same thought lol 😂. Thanks for checking us out!

  • @RashidaHerbersMoney
    @RashidaHerbersMoney 19 ชั่วโมงที่ผ่านมา

    Tell us what topics you want to hear us discuss in Part 2 of the Twins Talk series!!??

    • @katherinekamaria
      @katherinekamaria 32 นาทีที่ผ่านมา

      For Part 2, can you include more details on transitioning out of the workforce and any info on how to use one’s personal income on the business side yet separating/record keeping accurately? Thank you! 🙏🏽😊

  • @kingofladies04
    @kingofladies04 20 ชั่วโมงที่ผ่านมา

    I thought the thumbnail was a before/after pic of you 😂 you’re both wonderful creators keep it up!

  • @kingofladies04
    @kingofladies04 20 ชั่วโมงที่ผ่านมา

    Wow great video. Super informative and easy to understand. Helpful to those trying to learn but feel intimidated by the process.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 18 ชั่วโมงที่ผ่านมา

      Glad you enjoyed it! I would be happy to answer any questions you have to help you through the process!

  • @Naturallyliz41
    @Naturallyliz41 20 ชั่วโมงที่ผ่านมา

    Please do a series!!!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 18 ชั่วโมงที่ผ่านมา

      We got you boo. Series is coming! Thanks for risking the time to check us out. 🫶🏾

  • @Naturallyliz41
    @Naturallyliz41 21 ชั่วโมงที่ผ่านมา

    Thank you both for sharing this information. It was very helpful especially for us smaller content creators

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 20 ชั่วโมงที่ผ่านมา

      You’re welcome! Glad you got some value from it Sis! 🙏🏾

  • @OMEGATheCaribbeanOprah
    @OMEGATheCaribbeanOprah 21 ชั่วโมงที่ผ่านมา

    Great video, ladies! This was a fantastic sharing session. We appreciate you!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 20 ชั่วโมงที่ผ่านมา

      We really appreciate you tuning in!!! We have more to come!

  • @JOESUBA122
    @JOESUBA122 วันที่ผ่านมา

    🦾🦾🦾👌🏿👌🏿👌🏿👌🏿 I just about maxed out my Roth IRA this year and this is really my first time going full into investing

  • @imanicopeland
    @imanicopeland วันที่ผ่านมา

    This was sooo informative!!! Love it-please do more❤️

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      Thank you for watching! You can bet there will be more to come!

  • @paintbydezign
    @paintbydezign วันที่ผ่านมา

    New Subscriber Here :) Definitely the motivation that I needed as I continue my journey. Keep going!!!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      Welcome to the family! I'm so happy you decided to join us. 😊 KEEP GOING BROTHER!!! Drop us a link to let us know where we can support you ♥️!

  • @imanicopeland
    @imanicopeland วันที่ผ่านมา

    The double, triple, quadruple takes I did🤣🤣🤣 Baby I was confused.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      You do not have to adjust your screen lol! 📺

  • @amandahodge3809
    @amandahodge3809 วันที่ผ่านมา

    Now that I’m at the end of the video, YES I’d love to see a part 2!!! I feel like every young person should just see this in general because of how educational it is!!!! Shoot, some of this stuff I didn’t even know. I could have listened for much longer 💯

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      Thank you so much for tuning in, Sis. We appreciate the support more than you know!!! 😊 Stay tuned for more to come!

  • @amandahodge3809
    @amandahodge3809 วันที่ผ่านมา

    Well Hi Rashida!! Nice to meet you!!! And hey Sharida girl!!! This is so interesting and informative, I didn’t know how deep it goes! Thanks to both of y’all for making this video and opening up about it 🫶

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      Thanks for showing love Amanda. 🫶🏾

  • @monicacwilliams3
    @monicacwilliams3 วันที่ผ่านมา

    Hi Rashida, I found you by way of your sister’s YT. I watch her and trust her fragrance guidance. That said, I would like to hear more about your financial planning services. I have a 401k from a job I just left (still sitting with them) and some real estate… etc. How can we connect. Thanks!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 23 ชั่วโมงที่ผ่านมา

      Monica! Thanks for checking us out on my new channel! Check out my other videos here: th-cam.com/play/PLQ189wPdVPeId0Y5O7ZYvpQMzGXoBnb49.html&si=0KuMLxOpQXSpvCw3

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 22 ชั่วโมงที่ผ่านมา

      Disclaimer: I am not a licensed Certified Financial Planner. I am a mere nerd of 20 plus years on the field.

  • @ebonyqueen86
    @ebonyqueen86 วันที่ผ่านมา

    Sharida (if you don’t already) get yourself your own domain name and website. Add a blog if you like and run ads as another source of income. Also, capture your audience with a monthly fragrance newsletter. If these platforms close tomorrow, your followers can find you and you will own your content on your own website. This is a great video! Thank you for sharing your content creation journey.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 22 ชั่วโมงที่ผ่านมา

      Ebony! Now, you just gave us a nugget to chew on! Thank you! And we appreciate you checking us out more than you know! 🫶🏾

    • @ebonyqueen86
      @ebonyqueen86 19 ชั่วโมงที่ผ่านมา

      @ Yess! Of course! And my comment is for you both. Love your channel and how you’re providing value to your viewers. Keep going!

  • @byMarieA
    @byMarieA วันที่ผ่านมา

    Love this video. Thanks for the transparency 💕

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 22 ชั่วโมงที่ผ่านมา

      We got more coming for ya , Sis! 🫶🏾

  • @AFleurdePiel
    @AFleurdePiel วันที่ผ่านมา

    Keeping it real! Love the transparency to help other folks! and yes, I have noticed the nice design touches on your channel, Sharida! Thanks! ❤

  • @versatile_shorty3805
    @versatile_shorty3805 วันที่ผ่านมา

    This is so cool y’all did this video! So much of it spoke to me or clicked with me; thanks for sharing 🎉😊

    • @versatile_shorty3805
      @versatile_shorty3805 วันที่ผ่านมา

      Also, thx for introducing us to your twin! I had to do a double take when I saw the cover 😂

    • @RashidaHerbersMoney
      @RashidaHerbersMoney วันที่ผ่านมา

      Thanks for watching! I am so happy you got value from it! 🙏🏽

  • @Iyaman-medic
    @Iyaman-medic 2 วันที่ผ่านมา

    This is awesome video...good job

    • @RashidaHerbersMoney
      @RashidaHerbersMoney วันที่ผ่านมา

      Thank you for checking out the video! I'm so glad you enjoyed it! 😊

    • @RashidaHerbersMoney
      @RashidaHerbersMoney วันที่ผ่านมา

      Consider subscribing to the channel for more to come!!! 🙏🏽

    • @RashidaHerbersMoney
      @RashidaHerbersMoney วันที่ผ่านมา

      Also, I see you are a Medic! I am law enforcement. My people ‘n the house! ⛑️ 👮🏾

    • @Iyaman-medic
      @Iyaman-medic วันที่ผ่านมา

      @ your welcome sir

  • @Sash-Ann_Renae
    @Sash-Ann_Renae 2 วันที่ผ่านมา

    Omg you sound exactly like her 😮

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      It’s a TWIN thang lol 😂. 👯

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Thanks for checking out the video! Your support is appreciated more than you know! 🙏🏽

  • @thegworlT
    @thegworlT 2 วันที่ผ่านมา

    Enjoyed this conversation

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      We are so happy to know you got value from it! More videos to come, thanks for checking out the video Sis.

  • @nikki_dee32
    @nikki_dee32 2 วันที่ผ่านมา

    I had to comment because I have never seen a video done in this way where you are discussing the TH-cam journey and giving the financial aspect of things in the same video. Definitely love the perspective that each of you bring to the conversation. My twin sister and I are starting back up our channel so this was definitely nice to see ❤❤

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Super happy that you got value from it! Please let us know you and twin sisters channel so we can check it out!!! 👯. Thank you for taking the time to watch our video ♥️.

  • @Ashley08888
    @Ashley08888 2 วันที่ผ่านมา

    Twinnss!! Awe, this is great! The idas. 😂❤ I'm a frag girly also. Thank you for sharing this information! I should've BEEN on YT long time ago...🤦🏾‍♀️

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Get on YT and don’t stop! We all have something to offer to the world. Thank you sooooo much for checking out our video. Stay tuned for more to come! 😊

  • @tonygibbons5
    @tonygibbons5 2 วันที่ผ่านมา

    How long does it take to join the credit union and get an account set up?

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      The application only takes a few minutes. Then over the next day or so someone from the CU will contact you to verify some info. Then BOOM 💥 you’re in there!

    • @tonygibbons5
      @tonygibbons5 2 วันที่ผ่านมา

      @@RashidaHerbersMoney 🙌

  • @AnomalyBelleza
    @AnomalyBelleza 2 วันที่ผ่านมา

    I lovvvvvve Rashida’s hair! ❤❤❤ Soon cutting my hair like that.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Thank you! I love it this short, so easy to manage!

  • @FatimaGerman-g2r
    @FatimaGerman-g2r 2 วันที่ผ่านมา

    Your parents did their thing! ❤

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Awwwe, thank you Fatima. You’re sweet! Thank you so much for tuning in!

    • @SharidaM
      @SharidaM วันที่ผ่านมา

      Awww 🥰

  • @Bumblebee0819
    @Bumblebee0819 2 วันที่ผ่านมา

    Why would y’all do this to me. Lol I thought I was losing it for a minute 😂😂😂

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 2 วันที่ผ่านมา

      Mind playing tricks on ya 😂! Thanks so much for checking us out.

  • @tia.Hennigan
    @tia.Hennigan 3 วันที่ผ่านมา

    Wisdom at its best! This is so good! wow!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 3 วันที่ผ่านมา

      Tia! Thank you so much for checking out the video. We will all be ahead of the game if we can remind ourselves of what’s truly important in life! Stay tuned for more to come.

  • @roxya2636
    @roxya2636 3 วันที่ผ่านมา

    Omg I’m seen double 😂

  • @TalkingwithScents
    @TalkingwithScents 3 วันที่ผ่านมา

    I thoroughly enjoyed this video! So many great nuggets were given. Thank you to Sharida for introducing us to you!

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 3 วันที่ผ่านมา

      Thanks for watching! I appreciate you tuning in! 🙏🏽

  • @Beautylover_NicoleCherise
    @Beautylover_NicoleCherise 3 วันที่ผ่านมา

    Soooo nice to meet you Rashida!!! I was like wait.. what in the AI was going on here at first 😂😂😂😂 I subscribed and in tuned in

    • @RashidaHerbersMoney
      @RashidaHerbersMoney 3 วันที่ผ่านมา

      Heeeey! Welcome in Nicole. Thank you so much for joining our community and taking the time to check out our video. More Twin talks are coming!