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Are 401(k) and IRA's terrible retirement plans?
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622 Views ā€¢ Feb 9, 2023 ā€¢ Click to toggle off description
Our financial advisor reacts to a video of a man on TikTok saying some bold financial advice.
#financialeducation #financialadvisor #finances
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Views : 622
Genre: Education
Uploaded At Feb 9, 2023 ^^


warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 5 (0/39 LTDR)

100.00% of the users lieked the video!!
0.00% of the users dislieked the video!!
User score: 100.00- Masterpiece Video

RYD date created : 2023-02-11T02:57:03.690548Z
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21 Comments

Top Comments of this video!! :3

@davidhatch7603

1 year ago

Tell me you sell life insurance without telling me you sell life insurance.

16 |

@Javier_Rodri

1 year ago

How do people manage in in retirement since 401ks are nothing to write home about? My 800k turned to 250k in no time. I'm 52, will I work till God calls me?

35 |

@bukki07

1 year ago

Private investing is the best way to go about the market right now, especially for near retirees, I've been in touch with a wealth manager, netted 370K the last downturn, made it clear there's more to the markets than we average joes know.

5 |

@JamesWillock

11 months ago

Thanks for the updates, just don't know whose best interest is in the market anymore, or who is just posting for views. Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial youtubers, quite devastating!

1 |

@jimmers112

1 year ago

Whole life and variable life insurance have heavy commissions with lots of fees. Sure you can collect tax free money in 10 - 20 years but are paying a lot of people to do that

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@alirexatag

1 year ago

I'll give you some real financial advice.... Don't take financial advice from YouTube videos

3 |

@jamell5511

1 year ago

401kā€™s are fine up the the company match at least.

15 year mortgages donā€™t cost you ā€œmillionsā€ in opportunity cost. They cost you the potential money you could of made investing MINUS the interest you saved in not having a 30 year mortgage

Permanent life insurance completely destroyed any potential credibility this video could have salvaged.

Just my opinion only. Not claiming to be any type of financial guru.

2 |

@kate215

8 months ago

Idiotic advice

1 |

@spdog3344

1 year ago

šŸ¤” advic

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