false. with company matching and investing in index fund, it’s a supplement to social security.
2025-03-21 21:25:39
97
Brennen Fraley :
So if Social Security was never meant for retirement and a 401K wasnt either, thaen what was? Please make it make sense.
2025-03-23 02:36:58
4
Theshosen :
That's why I don't invest.
2025-03-20 19:04:00
7
Tom Evans :
It lowers your taxable income. You get company matching funds. Stock market always goes up! It's fantastic!
2025-03-23 18:05:47
2
hli0112 :
Yes. I agree what’s why I put few money to use Roth 401k and rather pay taxes now than future
2025-03-22 00:53:31
5
big@K :
Even if you have a million is 401k at retirement- it’ll still not be enough ever! It’s still good but not as good as pension where you had a guarantee
2025-03-23 17:16:02
2
Rosalie :
who is this person? 401ks started in 1978 so she is immediately of suspect credibility?
2025-03-23 12:39:29
58
Pattyw289 :
We have it retired at 54 and living off of it. It’s now an Ira. Also help my kids by houses
2025-03-24 12:48:59
4
Bakayoko:États unis 🇺🇸 🇬🇲 :
Uber drivers don’t get 401k so we are cooked
2025-03-23 12:41:51
3
sediciilmionomesparisco :
lol 😂😂😂😂😂 how about you research twice, what kind of advice that.
2025-03-24 23:12:35
3
ofcourseimunion :
well, taxes weren't meant to be forever... but here we are
2025-03-23 06:53:11
12
masterhoo188 :
If it is not a 401K what is it?
2025-03-23 23:22:05
3
Bob Curlee Jr 🇺🇸 :
Wish I had learned this years ago.
2025-03-23 15:49:44
3
Jerrio :
Correct. Many 401K plans take hefty admin fees. With inflation or hyperinflation, $1 MM is nothing. It may worked for some if they invested a lot in a better 401K plan b/c economy hasn't crashed YET.
2025-03-27 20:04:31
2
Mr area 51 :
righttttttttt
2025-03-23 09:19:11
3
TS :
Where did these people come from?
2025-03-24 14:18:12
4
GRYSOSTA :
Agreed, it’s actually a corrupt system
2025-03-21 22:30:21
7
R Brown :
Ok, so what is a good financial plan for retirement?
2025-03-20 19:52:44
8
ricky forest :
So true
2025-03-23 18:52:51
3
Andrew Roy :
You don’t need a 401k to get into the stock market.
2025-03-23 21:17:13
4
Jane4906 :
nay 😂. I dont fall for her words
2025-03-23 12:13:00
3
user4565796840130 :
This is wrong. They created it for executives and business.
2025-03-24 00:27:14
4
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