Olivia Maher
👤 SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
Yeah.
And I feel like
Yep.
Yeah.
Yeah.
Mm-hmm.
Yeah.
We're debt-free!
Okay.
Sell it.
I grew up eating spam.
401k was never meant as a big retirement plan.
A 401k was developed because after the depression, people were not getting back into the stock market.
So they created a 401k to make it easy for the average person to get into the stock market.
So you really got to
do some research i mean everybody all of us need to really do our research when we're looking at just blindly accepting advice from somebody so i don't think today you can save yourself to retirement i mean the interest rates two percent right it was it was almost negative because it was zero something and the fees you're paying is brings you negative um so if you're saving money
Are you trying to build as big a nest egg as possible to live off of?
And who knows what's going to happen with inflation, deflation?
There's so many factors.
So I don't think saving and a 401k is a good financial retirement plan at all.