Two Cents

Are 401(k)s a Financial Silver Bullet?

2020 • E19    Jul 15, 2020    7m
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Almost every financial adviser recommends having a 401(k)... but are they the surefire solution they're made out to be?

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

sources:

https://www.cnbc.com/2017/01/04/a-brief-history-of-the-401k-which-changed-how-americans-retire.html

https://www.fool.com/investing/2018/06/05/pensions-are-disappearing-heres-how-to-save-for-re.aspx

https://20somethingfinance.com/401k-match/

https://www.investopedia.com/articles/personal-finance/061913/hidden-fees-401ks.asp

https://money.usnews.com/investing/investing-101/articles/2018-01-08/the-ugly-truth-about-retirement-savings-shortfalls

https://www.cnbc.com/2019/03/07/63-percent-of-americans-are-confused-about-401k-retirement-plans.html

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson

Directors: Katie Graham & Andrew Matthews

Written by: Philip Olson, CFP® and Julia Lorenz-Olson

Executive Producer: Amanda Fox

Produced by: Katie Graham

Edited & Animated by: Dano Johnson

Images by: Shutterstock

Music by: APM

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