You read correctly.  Don't save for retirement.  In this video I give a very short history of retirement and how the shift from Defined benefits to defined contribution and 401k is affecting your retirement.  The industry wants you to save money for retirement but what is the plan for your savings at retirement!?!!?   They want you to convert everything to an annuity.  Is that what you want?  In this video I will also provide alternative strategies that will give you better passive income from your hard saved dollars.