Why 401k’s are a SCAM
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0:00 Intro
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
Indexed Universal Life vs Whole Life – Which is Better
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how “financial advisors” were really just glorified sales people.
So… LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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How can the stock market take money out of my 401k without my permission plus I never invested in the stock market in my life ? I lose 10,000 in 10 months? How?
Roth 401k’s with a company match over 5% is a no-brainer. Maybe we don’t want control over that money. It’s a little safety net for later, nothing more. Maybe we have individual brokerage accounts also to trade stocks or crypto. Ever thought of that dummy?
i have made several millions in my 401k
I dunno a 401k kinda feels like insurance
99% of Actual financial experts disagree with you.