Rich Dad Poor Dad Question

[Derrick Glassman]

Hey all,

I've recently found my way into the world of real estate investing after doing some reading of some real estate books, investing books, and rich dad books.  Regarding the rich dad books, I read a paragraph in there in which he's having a discussion regarding a separate financial plan each for security, comfortability, and being rich.  Can someone shed some light as to what these mean and possibly provide examples?

The reason I ask is because I've been doing some reading regarding traditional investments (e.g., IRA, 401k's, etc) and am feeling a bit overwhelmed regarding setting up my own retirement. What are your experiences, did you continue to contribute to traditional retirement plans, as well as begin investing in assets (i.e., things that put money in your pocket such as dividend paying stocks, real estate, etc)? Just curious, thanks.

As a disclaimer, I know that anyone answering my post isn't providing investment advice or financial advice, nor will I regard it as such.

[Aaron K.]

Many IRAs and 401ks etc have tax advantaged status, real estate does to but only for certain types of investing and to a certain extent.  If you get an employer match that is basically the best return on your money you will ever get, and if in a low tax bracket now Roth retirement accounts are a great way to grow money tax free