WHY ARE WALL ST AND YOUR FINANCIAL ADVISORS WRONG?
IRA, 401K, PENSION, SOCIAL SECURITY
THESE ARE THE TOOLS THAT WE ARE TOLD WILL TAKE CARE OF US IN RETIREMENT.
Keep reading below to see how wrong they are.
why will the current methods fail us for retirement?
Why does the Founder of the 401k, Ted Benna, say to keep working?
Founder’s Regret??
NPR’s Ari Shapiro speaks with Wall Street Journal reporter Timothy Martin about why the creators of the retirement investment accounts known as the 401(k) worry about what they started..
Source: https://www.npr.org/2017/01/03/508075236/retirement-account-pioneers-regret-what-they-started
- Even the “father of the 401(k),” Ted Benna, tells The Journal with some regret that he “helped open the door for Wall Street to make even more money than they were already making.”
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Source: https://www.cnbc.com/2017/01/04/a-brief-history-of-the-401k-which-changed-how-americans-retire.html
S0cial Security and my pension will still be enough, right?
Social Security will not be around?
If you think Social Security will help you reach your retirement goals, you are in for a hard lesson. Watch the video to the left to get an idea of the Social Security Crisis.