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Latest / Plan to Prosper

The Cost of Bad Advice is Decades

Bad financial advice rarely sounds reckless. Sometimes it sounds wise, cautious, and responsible.

In this episode of Plan to Prosper, we break down a real story from a Reddit user who delayed contributing to his company 401(k) because his parents warned him the market was about to crash. Three years later, the damage was already done. Missing just a few years of contributions and employer match quietly cost him tens of thousands of dollars and potentially much more over a lifetime. We explore why market timing is so dangerous, how well meaning advice can still lead you astray, and how to make…

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