Everything You Need to Know About Your 401(k) (Are You Losing Money?)

For most people, your 401(k) is the single largest account that exists in your portfolio, so you better know what it is and how it works. Here's some of our best advice on how to maximize your 401(k) all in one video! 00:19 - Do 401(k)s Still Make Sense for Savers? 08:20 - Where Did 401(k)s Come From? 12:34 - How Do 401(k)s Work? 14:20 - Roth vs Traditional: What’s Best For You? 31:38 - Secret 401(k) Strategies 43:40 - How to Pick the Bet Mutual Funds in Your 401(k) 48:18 - Should You Rollover Your Old Employer’s 401(k)? 53:33 - Average 401(k) Balance By Age Subscribe on YouTube! Download FREE Financial Resources from the show Sign up for our Financial Order of Operations course Let’s make sure you’re on the path to financial success - then help you stay there! The Money Guy Show takes the edge off of personal finance. We’re financial advisors that believe anyone can be wealthy! First, LEARN smart financial principles. Next, APPLY those principles! Then watch your finances GROW! Visit our site for more info. Instagram Twitter Facebook TikTok Learn more about your ad choices. Visit megaphone.fm/adchoices