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The 401K Is Not a Free Lunch, Right?
The 401K is not a free lunch, right? The government wants its money and that's why they have RMDs. And if you start living a long time, it becomes big. You're suddenly like later years, you're having to take out huge chunks of your portfolio which could create massive tax consequences. It's easy not to think about that; the graph makes it in your face and gives you recommendations on what to do.