Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

Why The Rich Don’t Trust 401(k)s

Feb 19, 2025
Andy Tanner, a Rich Dad advisor and author, teams up with Marin Katusa, a resource investment expert, to challenge the conventional wisdom about 401(k)s. They reveal how these plans enrich Wall Street rather than individuals. The duo emphasizes alternative investments like cash-flowing businesses and real estate. Marin shares insights on carbon credits, likening their potential to Bitcoin. This conversation is a wake-up call for anyone relying on traditional retirement strategies, advocating for proactive financial education and innovative investing.
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ADVICE

401(k)s Benefit Wall Street

  • Avoid 401(k)s as they primarily benefit Wall Street, not individual investors.
  • Seek a financial coach to guide you on a personalized path to wealth.
ADVICE

Seek Financial Guidance

  • If you're concerned about your financial future, seek professional help.
  • Find a coach or mentor who can guide you and provide personalized advice.
ANECDOTE

Learning from Failure

  • Robert Kiyosaki and Kim Kiyosaki initially failed at real estate investing after reading "Rich Dad Poor Dad".
  • They found success by seeking mentors and focusing on learning instead of just finding deals.
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