Counterintuitive Advice: Why You Should NOT Invest In A 401(k)

Retire Ready with Kyle Hammerschmidt

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Don’t get us wrong. In many cases, your 401(k) can be your best investment vehicle, offering numerous benefits and tax advantages and many times a 100% return on some of your contributions (also known as an employer match). However, it's important to recognize that it might not always be the optimal choice for everyone. Join us in this thought-provoking episode as we dissect the reasons why someone should NOT invest in a 401(k).
Here's what we’ll discuss on today’s show:

• If you do not have an emergency fund. (2:10)
• If you’re swimming in debt. (3:48)
• If you’re worried about future tax increases. (5:18)
• If your employer doesn’t offer matching contributions. (9:42)

Helpful Info:

Kyle's website: http://www.mokanwealth.com/

Phone: [phone]

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Disclosure: You should always consult a financial, tax, or legal professional familiar with your unique circumstances before making any financial decisions. This podcast is intended for educational purposes only. Nothing in this podcast constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns. Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost. MOKAN Wealth Management is a registered investment adviser with the SEC. Registration of an investment adviser does not imply a certain level of skill or training.