My Thoughts On Retirement Plans – Massively Overrated – Oftentimes Scams
In my network of friends / family / colleagues, I’m most often known as ‘The Investment Guy’.
Because of this, I’m often asked about the latest trend in investing, whether it be years ago, gold and silver, the Greek Crash a couple years ago, or more recently, weed stocks and cryptocurrency.
Today I want to talk about something I get asked about all the time… Retirement plans and why I think they’re massively overrated.
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Let’s get to why in the video below…
In the 11 – minute video above, I detail why in general I view retirement plans as scams and tell you what you should do instead.
Some of what I talk about in the video…
- Why I view most retirement plans are scams
- Why my view on retirement plans is so different than most people in finance
- Why it’s so easy to get ripped off by ‘Certified Financial Planners’ if you don’t know finance
- Why you should invest in low – cost index funds if you don’t know what you’re doing
- Or why you should find someone like me who you can trust to manage your money and grow it
- Why 401K’s generally won’t make you rich or even give you enough for retirement
- And more…
Am I an idiot on this? What are your thoughts on retirement plans?
Here is a great article on $750 million net worth Grant Cardone’s thoughts on retirement plans.
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