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  • 1 year ago
448-Mythbusting: Your 401(k) Won't Make You Rich! Here's Why...

448-Mythbusting: Your 401(k) Won't Make You Rich! Here's Why...

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 Please support my show on Patreon! www.radicalpersonalfinance.com/patron

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