Skip the Splurge, Fund Your Future: Smart IRA Moves Anyone Can Make

What if skipping a coffee run or fast-food splurge could fund your future retirement? In this episode of The Preferred Way, we break down how small lifestyle shifts, just $25/month can translate into millions in tax-free retirement savings. Whether you're 20 or 50+, it's never too late (or too early) to take control of your financial future.

Join Carrie Cook and Chris Trembley as they walk through simple contribution strategies, how to get started with as little as $25, and why compound interest is your best friend.

💥 Subscribe for more financial truth bombs & real talk about retirement:
🔔 Hit Subscribe and turn on notifications!

🎓 Want to learn how to grow your wealth with SDIRAs?
👉 Register for our free Masterclass

📅 Need help getting started?
Schedule your free consultation now

#ThePreferredWay #RetirementPlanning #SelfDirectedIRA #RothIRA #SmartInvesting #MillennialMoney #SDIRA #PreferredTrustCompany #FinancialFreedom #AlternativeInvestments #SkipTheSplurge #FundYourFuture #CompoundInterest #IRAContributions #youtubepodcast #podcast

Disclaimer 2025 Preferred Trust. Preferred Trust performs duties of a custodian and as such, does not sell investments or provide investment, tax, or legal advice. Preferred Trust is committed to safeguarding all non-public personal information provided to us by our customers. Preferred Trust collects, retains, and uses customer information where we reasonably believe that it will help administer our business or provide services to our customers. We collect and retain customer information only for specific business purposes and upon request will inform customers why we are collecting and retaining the information. PREFERRED TRUST, LLC “Preferred Trust” 6700 Via Austi Parkway, Suite 301, Las Vegas, NV 89119 702.990.7892 888.990.7892 Financial Institutions Division of Nevada License No. TR10025.

00:00 – Intro: Skip the Splurge, Fund Your Future
00:35 – Can you contribute to more than one retirement account?
01:16 – Why consistency is everything in retirement savings
02:00 – IRA contributions: What’s the minimum?
03:01 – The Starbucks and Chick-fil-A habit that’s draining your future
06:01 – Pandemic-era convenience vs. long-term financial health
07:35 – Breaking down $5,200 in everyday spending
08:20 – How compound interest turns small dollars into a million
09:30 – Roth IRAs and the generational wealth conversation
11:00 – One $10,000 gift = $1 million tax-free at retirement
12:14 – Small life adjustments = big retirement rewards
13:37 – Creating new money habits with automation
14:50 – Subscription creep: The new budget killer
16:20 – Why now is the time to start
17:32 – Catch-up contributions: $1,000 can make a huge difference
19:00 – Yes, you can invest with just $7K or less
20:17 – Exploring low-barrier alternative investments
22:00 – Diversifying across multiple IRAs
23:32 – Homeownership = real estate investor mindset
24:44 – Start with $25/month at Preferred Trust
26:00 – Fees: What to expect from a Preferred Trust SDIRA
27:35 – Who’s opening these accounts? (Hint: Not just 20-somethings)
29:03 – Crypto + SDIRAs = a future-proof combo
30:00 – Can you contribute for someone else? (Yes, here’s how)
32:00 – Final thoughts: Contribute now, thank yourself later