401K or Not?

[Account Closed]

Hello all.....

I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental properties....

However......I don't want to wait until I'm 68-70 to retire! Am I wrong to think that the money that I could put into a 401k, that I could invest it into real estate properties?

I think that this this my retirement. I really only see myself working for the next 5-10 years.

[Kevin Kaczmarek]

The biggest missing ingredient here is a whole life insurance policy with cash value. Taxable expense to your business, can borrow and pay yourself back tax free, and use the funds to buy more properties. Here are my recommended order of investments:
1.) Whole Life Policy with cash value
2.) Real Estate investments that produce passive income and increase in value
3.) Solo 401k
4.) Employer 401k only contributing to the company match.