Geoffrey Sanzenbacher

speaker
123 appearances 1 recordings 1 series first heard Apr 2026 last heard 2 Apr

Geoffrey Sanzenbacher’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

Appearances

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And then the worst option probably is to just cash out.
Say you had $5,000 and you're, you know, say you're 30 years old and you cash out.
You know, that money in real terms is probably worth $27,000 when you were to retire.
It's probably not very smart unless you're going to go into debt with credit cards or something and use this money for that.
But otherwise, it's not very smart.
It costs you a lot.
Yeah.
You get a penalty for that if it was a traditional 401k.
Yeah.
You got to pay taxes on it.
But a lot of people cash out.
Those are kind of your four options.
That's a really good question.
I was thinking about this a lot in the lead up to the interview, and I thought about it a lot over time.
Like...
So it is just at a high level strange that we have this employer based system where your account is with your employer.
That's not how it works for your checking account.
You know, it's not how it works for lots of other accounts, but it's how it works for this thing.
I think what that means is that you have all these different providers marketing themselves to employers.
So you don't just have like one entity.
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