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Making the Case Against the 401(k)

Making the Case Against the 401(k)

FromThe Investopedia Express with Caleb Silver


Making the Case Against the 401(k)

FromThe Investopedia Express with Caleb Silver

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/
Released:
Jun 17, 2024
Format:
Podcast episode

Titles in the series (100)

Get ready for the week ahead with Investopedia’s Editor in Chief, Caleb Silver, as he digs into the most important stories in finance and global economics. Through expert analysis, interviews with the biggest names in business, and educational breakdowns of the news that moves markets, The Investopedia Express preps you with the information you need to start your week in finance.