2min chapter

Ken McElroy Show cover image

Financial Insider Explains Why the Wealthy Don’t Use 401ks

Ken McElroy Show

CHAPTER

The Stark Reality of 401k Balances and Financial Security

This chapter explores the true state of 401k savings among retirees, revealing a median balance significantly lower than the average. It discusses the impact of inflation and unexpected medical expenses on retirement security, highlighting the financial challenges faced by today's retirees compared to previous generations.

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