5min chapter

BetterWealth with Caleb Guilliams cover image

Are 401Ks Just a Retirement Scam For The Financially Lazy?

BetterWealth with Caleb Guilliams

CHAPTER

Exploring 401k Plans and Retirement Strategies

This chapter delves into the benefits and drawbacks of 401k plans, discussing topics like compounding interest, retirement planning strategies, sustainable withdrawal rates, and the impact of financial advisor fees. It analyzes how advisors may prioritize pre-tax accounts for their profit, while also highlighting the enforced savings, employer matches, and fund access restrictions of 401k plans.

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