Stop Putting Money in Your 401(k) — Until You Watch This
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Top Comments (10)
thank you random guy on youtube
I just put enough in for company match.
My company matches 3% and the fees are very low. If I lose my job, I can always roll my 401K into my IRA. I don't see any issue with 401K. The more I put into my 401K, the better for tax purposes.
Random guy, l had to get an extra job so l could build wealth to retire because my teachers retirement account (locked in) gave awful returns. A 401(k) invested in underperforming mutual funds.SMDH!
I don't think we have the privilege anymore to work for 40 years for the same company. Everyone should be working towards being financially free as soon as possible.
Earn money, build emergency fund, live below your means, and buy VTI. You’ll thank yourself when you’re 60.
With less than 15% of any jobs that offer a pension and SS being a joke. It's not looking good for majority of workers. 401k was created to keep companies money
Join Market Briefs (my newsletter for investors) free! https://briefs.finance/aca13e WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Ok I’m old enough to remember pensions failing. Many people were promised money but companies went bankrupt etc just bought out 10 cents on the dollar take it or leave it. It’s better that you manage your own $.
A little late I’ve been saving since I was 21. I’ll have about 2 million in 401k when I retire. I can live with that for sure. Especially when most of my friends have nothing saved!!
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Top Comments (10)
thank you random guy on youtube
I just put enough in for company match.
My company matches 3% and the fees are very low. If I lose my job, I can always roll my 401K into my IRA. I don't see any issue with 401K. The more I put into my 401K, the better for tax purposes.
Random guy, l had to get an extra job so l could build wealth to retire because my teachers retirement account (locked in) gave awful returns. A 401(k) invested in underperforming mutual funds.SMDH!
I don't think we have the privilege anymore to work for 40 years for the same company. Everyone should be working towards being financially free as soon as possible.
Earn money, build emergency fund, live below your means, and buy VTI. You’ll thank yourself when you’re 60.
With less than 15% of any jobs that offer a pension and SS being a joke. It's not looking good for majority of workers. 401k was created to keep companies money
Join Market Briefs (my newsletter for investors) free! https://briefs.finance/aca13e WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Ok I’m old enough to remember pensions failing. Many people were promised money but companies went bankrupt etc just bought out 10 cents on the dollar take it or leave it. It’s better that you manage your own $.
A little late I’ve been saving since I was 21. I’ll have about 2 million in 401k when I retire. I can live with that for sure. Especially when most of my friends have nothing saved!!