5 Fixable Mistakes Costing You Hundreds of Thousands in Wealth | Roth 401k, Tax Loss Harvesting & HSA Strategies

Are you making these costly financial planning mistakes that could be sabotaging your wealth-building journey? In this episode of Wealth Decisions by Brian, host Brian Muller, founder of Momentous Wealth Advisors, reveals the five most common investment mistakes that high earners make—and how to fix them starting today.

What You’ll Learn:

• Why maxing out Roth 401k contributions could be costing you thousands in unnecessary taxes

• The simple tax loss harvesting strategy that can save you $3,000+ annually in taxes

• Why stopping at your employer's 401k match is leaving money on the table for high earners

• How to unlock the triple tax advantage of Health Savings Accounts (HSA) for retirement wealth

• The psychology behind windfall spending and how to turn bonuses into long-term wealth

• Actionable tax optimization strategies you can implement this week

• Three memorable investment principles to guide your financial decisions

Chapters:

00:08 - Common Wealth Building Mistakes

04:28 - Understanding Tax Strategies for Wealth Building

08:09 - Understanding the 401k Strategy

12:00 - Maximizing Financial Opportunities: The Importance of Health Savings Accounts

Whether you’re pursuing financial independence, early retirement, or simply want to build more wealth efficiently, this episode provides the financial education and actionable strategies you need to stop leaving money on the table.

Brian Muller brings years of experience as a financial advisor helping high-net-worth individuals optimize their investment portfolios and tax strategies. His practical approach to wealth management focuses on evidence-based financial planning that maximizes long-term wealth accumulation.

Perfect for: High earners, successful professionals, anyone with a 401k, HSA holders, tax-conscious investors, and anyone serious about building wealth through smart financial decisions.

#WealthBuilding #FinancialPlanning #401kStrategy #TaxLossHarvesting #HSAStrategy #RetirementPlanning #InvestmentMistakes #TaxOptimization #FinancialFreedom #WealthManagement

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Pre-order my new book "Momentous Decisions: 7 Steps to Better Health, More Wealth, and a Richer Life" at:

⁠https://www.momentouswealthadvisors.com/book

For a transcript of today's episode, go to:

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To explore the 3 Choices for Advice and Guidance, go to:

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To see what it would look like to hire me as your fiduciary financial advisor go to:

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To schedule a Discovery Call go to: https://www.momentouswealthadvisors.com/contact⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

HERE ARE SOME PLAYLISTS OF OTHER RELATED WEALTH DECISIONS EPISODES CATEGORIZED BY TOPIC:

FINANCIAL FREEDOM:

https://youtube.com/playlist?list=PLAO9K0wL6xkz_-4khqe_OPXUnz8-_UsC9&si=Tr31X5pr-Iq6VWIK

WEALTH MANAGEMENT:

https://youtube.com/playlist?list=PLAO9K0wL6xkwapLaG3ZhyhERK7oB7qy4-&si=YWEPuP3a022JB4ay

Listen. Share. Like. Comment. Subscribe.

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⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Brian D Muller(AAMS©), Founder, Wealth Advisor

XYPN Invest Disclaimer:

Brian Muller is an Investment Adviser Representative of XYPN Invest, an SEC-registered investment advisory firm doing business as Momentous Wealth Advisors. This podcast is not published on behalf of XYPN Invest, and the views expressed herein are solely those of Brian Muller.

Podcast Disclaimer:

The Wealth Decisions Podcast is provided solely for general information purposes and should not be construed as accounting, legal, tax, or any other professional advice. Visitors are advised not to act upon the information or content found here without first seeking appropriate guidance from a qualified accountant, financial planner, lawyer, or other relevant professional. Any hypothetical performance is just that, and there is no guarantee that you will receive a specific average rate of return in any examples in this podcast.

Please note that any federal tax advice is not intended to be used to avoid penalties under the Internal Revenue Code or to promote, market, or recommend any transaction or matter addressed herein. It is important to ensure compliance with the requirements imposed by the IRS and Circular 230.

We strive to ensure that the content published on the Wealth Decisions Podcast is accurate and up-to-date. However, we cannot guarantee the accuracy, timeliness, or relevance of any of the information provided. We are not responsible for any information present on the Wealth Decisions Podcast and disclaim any liability for the accuracy, completeness, or reliability of any information.