The People Managing Your 401(k) Are Just Making It Up As They Go Along

The Investor Coaching Show with Paul Winkler · Dec 31, 2025 · 33m

Today, Paul explains that fund companies that offer your 401(k) plans are choosing investments that seem safe and popular. These low-cost funds focus heavily on large U.S. companies and keep your money out of the highest-performing markets of 2025. Paul explains how these fund companies have ditched academic research, forcing them to make it up as they go along. Later in the episode, Paul discusses the disillusionment of the youngest generation of investors and what might lead them to find purpose and success in their work and investing. Want to cut through the myths about retirement income…