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What Rich People Know About 401k’s That You Don’t | Kassidy Warren Saturday Edition E389

The Rich Somers Report

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Rethinking the 401k: A Flawed Approach

This chapter examines the low median 401k balances across different ages, critiquing the perception of tax benefits and the long-term viability of 401k plans for retirement income. It advocates for alternative investment strategies, particularly in real estate, highlighting personal experiences that reveal the potential for greater returns compared to traditional 401k investments.

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