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In this episode of the Cashflow Chronicles podcast, host Shawn King delves into the often-overlooked disadvantages of 401(k) plans and other qualified workplace retirement plans. Shawn highlights ten key downsides, including limited control over investments, restricted access to funds, tax uncertainties, hidden fees, and market dependence, among others. He also discusses alternative wealth-building strategies like infinite banking and annuities that can offer better financial security and flexibility. By understanding these limitations and exploring other options, you can take greater control over your financial future.
If you’d like more information on how you too can start the journey of Becoming Your Own Banker or you have questions and you’d like to chat feel free to visit our website & book a Free Consultation now!
By Shawn King5
22 ratings
In this episode of the Cashflow Chronicles podcast, host Shawn King delves into the often-overlooked disadvantages of 401(k) plans and other qualified workplace retirement plans. Shawn highlights ten key downsides, including limited control over investments, restricted access to funds, tax uncertainties, hidden fees, and market dependence, among others. He also discusses alternative wealth-building strategies like infinite banking and annuities that can offer better financial security and flexibility. By understanding these limitations and exploring other options, you can take greater control over your financial future.
If you’d like more information on how you too can start the journey of Becoming Your Own Banker or you have questions and you’d like to chat feel free to visit our website & book a Free Consultation now!

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