New Data Shows Americans Are HORRIBLE at Investing (1% Returns?!)
Money Guy Show
00:00
The Importance of Saving and Investing for the Future
In America, for every dollar that's contributed to a 401k account, 40 cents on that dollar comes out as a premature withdrawal. During the pandemic, 58% of consumers borrowed or took money out of their 401k or IRA. The laws were relaxed during the pandemic surrounding Americans and accessing their 401k retirement plans.
Play episode from 01:56
Transcript
