401K Retirement Accounts with at Least a Million Bucks

1min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The number of 401k retirement accounts valued at over a million dollars has surged to 497,000, marking a significant increase of 31% from the previous year and reaching a record high. This growth in 401k balances contributes to higher overall net worths, indicating a bullish sentiment among investors. The substantial wealth accumulation in these accounts is a primary driver behind the positive outlook, as it reflects substantial earnings and investment growth. The trend suggests that it is expected for individuals to be optimistic in light of their financial gains.

On this TCAF Tuesday, Josh Brown is joined by Dan Ives of Wedbush Securities to discuss Nvidia's latest earnings report, what sets Jensen Huang apart, what it would take for anyone to catch the AI leader, and much more! Then, at 31:33, hear an all-new episode of What Are Your Thoughts with Josh and Michael Batnick!

This episode is sponsored by Rocket Money! Cancel your unwanted subscriptions today by visiting http://rocketmoney.com/compound

Josh's new book: You Weren't Supposed to See That

Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com

Instagram: https://instagram.com/thecompoundnews

Twitter: https://twitter.com/thecompoundnews

LinkedIn: LinkedIn: https://www.linkedin.com/company/the-compound-media/

Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management.

The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information.

Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here:

https://ritholtzwealth.com/podcast-youtube-disclosures/

Learn more about your ad choices. Visit megaphone.fm/adchoices