Wealth Talks

Wish your 401k luck, it's going to need it


Listen Later

There is a new rule pending approval which could dramatically change 401(k)s. If the ruling is approved, 401k plan managers, while choosing investments, will have to consider the ESG criteria (Environmental, Social and Governance factors) of investments for the plan. Generally speaking, fees on ESG funds are higher and there is some research which shows the ESG market may have already peaked.

 

Despite privately held beliefs on whether investments based on ESG criteria are generally better/worse than other investments, these factors, combined or individually, could hurt 401k balances.

 

Today on Wealth Talks, Tom and John discuss this problem and some ideas for working against a disintegrating status quo.

 

Resources: How to Build Sustainable Wealth: https://www.life-benefits.com/store/

...more
View all episodesView all episodes
Download on the App Store

Wealth TalksBy Wealth Talks Podcast

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

54 ratings


More shows like Wealth Talks

View all
Mark Levin Podcast by Cumulus Podcast Network

Mark Levin Podcast

23,725 Listeners

The WallBuilders Show by Tim Barton, David Barton & Rick Green

The WallBuilders Show

2,123 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,796 Listeners

The Glenn Beck Program by Blaze Podcast Network

The Glenn Beck Program

25,633 Listeners

Wealth Formula by Buck Joffrey by Buck Joffrey

Wealth Formula by Buck Joffrey

410 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,854 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

153,960 Listeners

Craig Groeschel Leadership Podcast by Life.Church

Craig Groeschel Leadership Podcast

10,694 Listeners

Front Row Seat with Ken Coleman by Ramsey Network

Front Row Seat with Ken Coleman

2,536 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

521 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

608 Listeners

The Charlie Kirk Show by Charlie Kirk

The Charlie Kirk Show

49,268 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

15,521 Listeners

Candace by Candace Owens

Candace

6,644 Listeners