If you’re like most Americans, you’ve probably been conditioned to believe that the 401k is the ultimate retirement plan. But the truth is, the 401k is not a smart way to save for retirement or build wealth. In this video, you’re going to find out why I would never invest in a 401k plan.
You’ll learn why saving your way to retirement doesn’t work, and why the 401k is setting you up for failure. We’re going to run some numbers on saving for retirement, discuss inflation, employers matches, and tax implications. If you’re ready to challenge the messages you’ve been taught about the 401k plan, this one is for you!
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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