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The Clark Howard Podcast

10.21.25 Ask An Advisor With Wes Moss

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 21 October 2025

⏱️ 36 minutes

🧾️ Download transcript

Summary

The Next Big Shift in Retirement Investing For decades, your 401(k) has meant stocks and bonds — but that’s about to change. Wes Moss dives into a major shift coming to retirement investing: private equity entering your 401(k). Private equity could open the door to investing in the other 87% of the U.S. economy — but should you be excited or cautious? Wes explains what this new era of 401(k) investing might really look like. Mentioned on the show: Wall Street Is Pushing Private Assets Into 401(k)s. We Asked Whether Anyone Wants Them.Plus, Christa shares your #AskWes questions and Wes gives his take. All this and more on the October 21, 2025, Ask an Advisor episode of the Clark Howard podcast. Submit your questions at clark.com/ask. We hope you enjoy our weekly Ask An Advisor episodes, in which Christa and Wes discuss investing and retirement savings in depth. Let us know what you think in the comments! Learn more about Wes:  BOOKS BY WES MOSS   Wes Moss, CFP®  Wes Moss - Clark.com Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.9

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0:09.1

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0:16.9

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0:20.5

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0:22.6

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0:29.8

Still playing spaceships, Trevor.

0:32.3

Old news, Connie.

0:33.7

I drive a Chad Valley train now.

0:36.3

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0:38.1

What?

0:39.7

I said that's great Trevor Next up

0:40.8

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0:42.0

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...

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