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Showing posts from October, 2018

The Number 1 Reason Why I Hate Your 401k Part II

The Number 1 Reason Why I Hate Your 401K Part II

I remember sitting in a classroom about 17 years ago, and the instructor passed around a magazine for us to look at.  On the cover was a person by the name of Ted Benna, and if you research or look him up you will see that he is called “The God Father of the 401k” or something of that nature.  I wanted to add some context to the readers who are yet to listen to Part I of the Reason Why I Hate Your 401K, which is available as a podcast here, and I recommend as an introduction to this Part II blog.  In celebration of our 10th podcast for “The Retirement Exit”, I decided that this subject was too complex to share on my podcast so this blog is Part II.  Part I (podcast) will share two other important reasons, but Part II (blog) is the biggest reason why I hate your 401k.

I share in that podcast why I hate your 401k, and why I no longer hate my retirement plan.  This blog will take into account that my listeners have heard the podcast and pull…