Many people with a 401(k) plan consider themselves investing for retirement. Yet, they often have no idea what they are investing in, or how those “investments” are performing, and don’t understand that when they hit retirement age, there typically isn’t enough in their account to retire from working.
In this episode, you’ll learn the major pitfalls of the 401k and why many early backers of the 401(k) now say they have regrets about how their creation turned out despite its emergence as the dominant way most Americans save. Some even say it wasn't designed to be a primary retirement tool.
Host Greg Arthur and Rich Dad Wealth Expert Andy Tanner discuss the good, bad, and the truth about your 401(k), and why it will keep you poor.
Get Andy Tanner’s book “401kaos” FREE: https://bit.ly/3Fbbz1a