17 min listen
Making the Case Against the 401(k)
Making the Case Against the 401(k)
ratings:
Length:
36 minutes
Released:
Jun 17, 2024
Format:
Podcast episode
Description
Professor Teresa Ghilarducci, a labor economist and retirement expert at The New School for Social Research, has been arguing for years that the 401(k), which was never intended to be the primary retirement savings vehicle for most American workers, only helps high earners and is riddled with misaligned incentives. She joins The Express to make the case for a new government sponsored retirement savings account that she says is more equitable and provides a pathway to allowing workers to not run out of money once they stop working. Plus, new record highs keep coming for the stock market, but by all accounts, this bull market is pretty tame.
LINKS FOR SHOW NOTES
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8662467
https://www.newschool.edu/nssr/faculty/teresa-ghilarducci/
https://teresaghilarducci.org/about
https://insight.factset.com/
https://www.investopedia.com/terms/t/triplewitchinghour.asp
https://www.investopedia.com/terms/1/401kplan.asp
https://twitter.com/TimmerFidelity
https://eig.org/bipartisan-pair-of-economists-propose-bold-new-wealth-building-program-for-the-bottom-50-percent-of-american-workers/
LINKS FOR SHOW NOTES
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8662467
https://www.newschool.edu/nssr/faculty/teresa-ghilarducci/
https://teresaghilarducci.org/about
https://insight.factset.com/
https://www.investopedia.com/terms/t/triplewitchinghour.asp
https://www.investopedia.com/terms/1/401kplan.asp
https://twitter.com/TimmerFidelity
https://eig.org/bipartisan-pair-of-economists-propose-bold-new-wealth-building-program-for-the-bottom-50-percent-of-american-workers/
Released:
Jun 17, 2024
Format:
Podcast episode
Titles in the series (100)
President's Health Scare Adds New Dimension to Investing Paradox: President Trump's COVID-19 diagnosis adds yet another complicated twist to the investing landscape with less than a month to go before the election. We look at potential outcomes with Greg Valliere, US Policy Strategist for AGF Investments. While markets have been choppy of late, there are several bull markets running in the small to mid-cap sectors. We go inside the charts with JC Parets from AllStarCharts to find the uptrends. And why the effective tax rate is the investing term you need to know this week. All that and more on this week's Investopedia Express. by The Investopedia Express with Caleb Silver