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

Phil's Tax Hacks · Jun 22, 2023 · 17m

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 are some of the things we’ll address in this episode:

2:01 – If your employer doesn’t match contributions

3:41 – Do you have an emergency fund?

5:36 – Having…