448-Mythbusting: Your 401(k) Won't Make You Rich! Here's Why...
Radical Personal Finance
English - April 06, 2017 11:13 - 45 minutes - 41.5 MB - ★★★★ - 1.8K ratingsInvesting Business Education christian financial money advice education faith family finance growth independence Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
I've often made comments like, "Your 401(k) won't make you rich." Or, "People Don't Get Rich Because they Invested in Their 401(k)."
A listener recently asked for clarification on that statement. I thought it was so important that I dedicated an entire show to it.
In today's show, I give my defense of my statements and argue my case.
My thesis is simple: high 401(k) balances are correlated to people who are rich, but they are not a causative factor of wealth.
Enjoy!
Joshua
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