BYOB Book Review Part 13 | The Retirement Trap!
The Wealth Without Wall Street Podcast
The Dangers of Government-Sponsored Schemes
This chapter explores the dangers of putting money into government-sponsored schemes like pension plans and IRAs. It discusses how the government creates problems and offers exceptions through tax-sheltered qualified plans, leading to suspicions of manipulation. The speakers also emphasize the concept of retirement and argue against it, citing examples of individuals who continued to work and suggesting retirement may have negative effects on longevity.
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