Steve Chen on Instagram: "If you're in your 40s and still relying on one bank account, you're setting yourself up for failure! 🚨💰 Here are 5 bank accounts you NEED in 2025 to protect your money and build wealth: 1️⃣ HYSA – Not a savings account with Chase, Wells Fargo, or Bank of America. Get a real high-yield savings account! 2️⃣ CD (Certificate of Deposit) – Lock in your money and earn guaranteed interest. 3️⃣ Employer-Sponsored Accounts (401k, 403b, etc.) – Free money if there's a match! Don't leave it on the table. 4️⃣ Roth IRA – My favorite! Tax-free growth = future you will thank you. 5️⃣ HSA (Health Savings Account) – The most underrated wealth-building tool. Tax-free for medical expenses! Want my top CD recommendations? Comment "CD" and I'll send you the link! 👇 -Steve
Steve Chen on Instagram: "Comment “HYSA” if you want a list of my favorite high-yield savings accounts 🙂 This is how I’d earn at least $5k a month when I retire at 62. 1️⃣ Start with SSA.gov: Sign in and check how many work credits you need for your benefits. Keep in mind, if you claim at 62, your monthly benefits will be reduced by 30%. 2️⃣ Withdraw Earnings: I would focus on withdrawing from investments that give me at least 3%–5% interest monthly. 3️⃣ Rely on Compound Growth: Consistent investing in my 401(k) and Roth IRA means I’ll have at least $2M, with $1.5M in free growth from compound interest. This allows me to generate income through covered calls or dividends. 4️⃣ Roth IRA Benefits: All money in my Roth IRA is 100% tax and penalty-free at 59.5! -Steve Follow @calltoleap
Steve Chen on Instagram: "If you want to learn how to sell covered calls in my passive income investing class, comment "INVEST” or go to my bio for the invite link 🙂 These are the 3 strategies I’m doing to get paid at least $2,000 of passive income a month by the time I’m 40 💵 1. I’m going to go to my Fidelity account and click on Quote. I’m going to buy dividend paying stocks like Costco, Walmart, Home Depot, or a dividend paying ETF like SCHD. 2. Once I have a couple hundred shares, I’ll go to Fidelities Option Chain and sell Covered Calls. 3. I’m going to put money into a high-yield savings account, CD, or money market every month. These have higher interests. -Steve Follow @calltoleap for investing videos! Follow me @calltoleap to learn more things like this about money! @cal
Steve Saxton / Mortgage Utah Idaho California on Instagram: "Things to do before you die (and why you should get started NOW): 1️⃣ **Remove your kids as direct beneficiaries of your assets** – This protects your estate from complications and helps ensure smooth transitions. 2️⃣ **Create a Revocable Trust** – Put all of your assets into this trust. It gives you control while you’re alive and simplifies the transfer of assets when you’re gone. 3️⃣ **Make your kids beneficiaries of that trust** – With this setup, you avoid probate, meaning no court delays and no unnecessary legal fees for your family. 4️⃣ **Get a life insurance policy** – Use it to cover all debts, especially your mortgage, so your loved ones aren’t burdened with financial stress after you’re gone. Avoid the hassle of p
Roosevelt Khiry Thomas- CPA/ Life Insurance/ Investing on Instagram: "✨ SAVE THIS POST & COMMENT “TRUST” BELOW FOR A FREE GUIDE! ✨ Secure your family’s future by putting your home in a living trust and combining it with life insurance. 🏡💼 Avoid unnecessary costs and fees while ensuring your loved ones are protected. 💖🔒 Shoot me a DM if you’re ready to set up your living trust and get protected today! 📩 #LivingTrust #LifeInsurance #FamilyFirst #FuturePlanning"
Deannia Johnson on Instagram: "🏦Comment LIFE⬇️⬇️⬇️ Protect Your Assets and Loved Ones: What You Need to Know Many people don’t realize the importance of taking certain steps to protect their assets and loved ones when they pass away. Without proper planning, your loved ones might face unnecessary stress, legal battles, and financial hardship. Here are a few key things to keep in mind: 1. Create a Trust: - Establishing a trust can ensure your assets are distributed according to your wishes without going through probate, which can be time-consuming and costly. 2. Payable on Death (POD) Designation: - Designate a POD for your checking and savings accounts to ensure the funds are directly transferred to your chosen beneficiary upon your death, bypassing the probate process. 3. Transfe
H H Chuong on Instagram: "#fatfireclub #financialliteracy #emoney #education #money #success #personalfinance #moneytok #retirement #retire #wealth #rich #passiveincome #passivecashflow #cashflow #retire #retirement #stocks #realestate #millionaire If you want to work rich instead of work hard I write a newsletter to 20,000+ people every month that teaches you how to use money to work for you to escape the rat race. You can sign up here: FatFIREClub.com/5ways I teach you to have more money. My name is Jim and I am a Lazy Canadian millionaire investor in U.S. real estate and U.S. stocks | Education. Not advice | Seen on NBC, TVO, Globe and Mail, The Toronto Star, Financial Post & MoneySense magazine. 10 million views a month on TikTok, Instagram, and X. Education. Not advice. I a