cover of episode Financial Insider Explains Why the Wealthy Don’t Use 401ks

Financial Insider Explains Why the Wealthy Don’t Use 401ks

2024/11/19
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Ken McElroy Show

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以房地产投资专家和教育者身份,帮助他人实现财务自由。
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Ken McElroy认为401k的平均回报率具有欺骗性,实际回报率可能远低于平均值,而且管理费会侵蚀收益。富人并不使用401k,他们更倾向于自主型退休账户和房地产投资,因为这些投资方式更具灵活性,可以通过杠杆放大收益,并享有更多税收优惠。Danielle McElroy补充说明大多数人并不清楚自己的401k账户究竟投资了什么,而且共同基金过于复杂,使得投资者难以理解。

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Ken and Danille discuss the drawbacks of 401ks, including fees, lack of control, and how they are often insufficient for retirement.
  • 401ks were never meant to be the sole retirement fund.
  • Middle-class individuals often rely on 401ks as their only retirement vehicle.
  • Most people don't know what their 401k is invested in.

Shownotes Transcript

If you are an accredited investor and would like to learn more about investing with Ken follow this link and fill out this form: https://investwithmc.com/masonranchBe sure to check out our BLACK FRIDAY SALE! https://investwithmc.com/blackfridayKen and Danille McElroy discuss the truth about 401ks and why they may not be the best retirement investment for most people. Learn how fees, taxes, inflation, and market returns impact your 401k, and discover why the wealthy prefer alternatives like self-directed IRAs to grow their retirement wealth.• • • Visit Ken's Bookstore: https://kenmcelroy.com/books • • • ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive. Ken's company: https://mccompanies.com • • • DISCLAIMERS: Any information or advice available on this podcast is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this podcast. Consult a financial advisor or other wealth management professional before you make investments of any kind. Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this podcast are accurate and up-to-date, all information contained on it is provided ‘as is.’ Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this podcast. Any links to other websites are provided only as a convenience and KenMcElroy.com, LLC encourages you to read the privacy statements of any third-party websites. All comments will be reviewed by the KenMcElroy.com staff and may be deleted if deemed inappropriate. Comments that are off-topic, offensive, or promotional will not be posted. The comments/posts are from members of the public and do not necessarily reflect the views of Ken McElroy and his affiliates. © 2024 KenMcElroy.com, LLC. All Rights Reserved.