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Why 401(k) Balances By Generation Are So Low And Why We Shouldn't Be Worried

Why 401(k) Balances By Generation Are So Low And Why We Shouldn't Be Worried

FromThe Financial Samurai Podcast


Why 401(k) Balances By Generation Are So Low And Why We Shouldn't Be Worried

FromThe Financial Samurai Podcast

ratings:
Length:
23 minutes
Released:
Sep 12, 2023
Format:
Podcast episode

Description

My wife and I talk about how shockingly low the median 401(k) balances are by generation. We also discuss why we think this is the case and why there is likely no retirement crisis in America.  Financial Samurai Posts: 401(k) Balances By Generation How To Calculate the Value Of Your Pension The 60-Day Rollover Rule The Right Ratio Between Income And Distribution Recommendations Diversify into real estate more strategically and passively with Fundrise. Fundrise manages over $3.3 billion, mostly in residential and industrial real estate in the Sunbelt. The spreading out of America is going to be a multi-decade trend. FS is an investor and affiliate partner of Fundrise.  Sign up for Empower, the best free online financial tool to manage your 401(k). With Empower, you can x-ray your 401(k) portfolio for excessive fees, track your net worth, and better plan for your retirement. I've been using Empower to track my net worth since 2012. The more you can stay on top of your finances, the better you can optimize your finances. Both Fundrise and Empower are affiliate partners. Join 60,000+ others and subscribe to my free weekly newsletter. This way you always stay on top of the most important events in the stock market, real estate market, and everything personal finance. 
Released:
Sep 12, 2023
Format:
Podcast episode

Titles in the series (100)

Helping listeners achieve financial freedom sooner rather than later. Financial Samurai is America's number one personal finance blog and podcast helping you make more money, save more money, and live the life that you truly want.