Average 401k balance by age. Hey, are you behind?

It's Brian Preston, the money guy restoring order to your financial chaos, retirement, investing,

taxes. You've got financial questions. He's got financial answers. It's Brian Preston,

the money guy.

Brian, I am so excited about this show because I think this has become one of our

perennial favorites. We love doing these by age segments. We love talking about 401k.

So we love loading you guys up with the information to know, am I ahead of the curve, behind of the

curve? And what do I need to know as it relates to my employer sponsored retirement plan?

First thing though, because I feel this year's a little different bow and the fact that

there's a lot of noise in the background questioning if 401k's are even viable.

Yeah, there's a lot of big names out there and there's one one to share to you.

You may be out there hearing something like this.

The 401k is so bad. If it didn't exist, we wouldn't invent it.

Many people don't say to me, how do you know they go, oh, I got you.

I picked up million dollars in my 401k and I go, you don't have a million dollars here for a 401k.

So what do you mean? First of all, half of that's the government's right.

I'm just saying, you take any money. Yeah, 50% tax back to this person. So you have a

pretty much impressed. They said, better than know the truth, because I can show you how to get free.

But you have to know the truth. The truth is such a free and better know it so we can do some

mad. He goes, wait, but wait, I got tax, I think I've got taxed the for all, but you could have done that in a

different way and all that money that million would have been all of your.

So, but here's something I think is interesting.

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