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Counterintuitive Advice: Why You Should NOT Invest In A 401(k)

Don’t get us wrong. In many cases, your 401(k) can be your best investment vehicle, offering numerous benefits and tax advantages and many times a 100% return on some of your contributions (also known as an employer match). However, it’s important to recognize that it might not always be the optimal choice for everyone. Join us in this thought-provoking episode as we dissect the reasons why someone should NOT invest in a 401(k).

By considering various scenarios, such as the absence of an employer match, the importance of having an emergency fund, potential tax rate changes, and the benefits of control and flexibility, Shari and Marc will present alternative perspectives on retirement savings. Discover how adjusting your investment strategy and exploring other options like Roth IRAs or diversified investments might align with your unique circumstances.

Here’s some of what we’ll discuss in this episode:

  • If your employer does not offer you matching contributions, you could look at other options. (2:27)
  • If you do not have an emergency fund. (5:35)
  • If you’re worried about future tax increases. (6:57)
  • If you have a lot of debt. (12:48)

If you’re ready to start putting off your financial planning, we make it easy to set up a time to meet and have that first appointment. Visit our online calendar here to begin.

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