Hey everyone, it's Jess. I'm here to say that my colleague, Oyan, Edoyan, will be guest hosting today's episode. Enjoy.

These days, the majority of U.S. employees have access to a 401k to save for their retirement, including many of our listeners.

My 401k is my retirement fund.

Yeah, we look at our 401K like it's our retirement.

Everything in the 401K is viewed as a retirement fund for me.

401Ks are tax-advantaged accounts, where both employers and employees can set aside money to be

invested for eventual retirement.

It's often well worth saving in a 401k if you have access to one.

That's my colleague, Ann Turkicen.

So you can choose whether to put the money in the stock market, the bond market.

And if you don't make a choice, generally the employer will

put your money into a portfolio that's a mixture of stocks and bonds. Generally, 401Ks are made

up of diverse investments that buffer against risk. They often include U.S. bonds, which are

considered one of the safest investments in the world.

The fund may go up and down with the markets, but the goal is to give the employees more

money in retirement than they put in throughout the years. But, Ann, aren't there a lot of things

that aren't in 401Ks usually? Yes, exactly. Not on that list is, you know, crypto, private equity, hedge funds,

these sort of alternative investments. But a few weeks ago, President Trump signed an executive order

to change that. A new executive order by President Trump opens the door for millions of Americans saving for retirement through a 401k who may soon be able to invest in high-risk assets like private equity.

There's a feeling that 401K investors are missing out by not having private equity available to them in their 401k's.

The argument is that you're depriving people of an opportunity to make money in some of the

areas where we've seen huge gains in recent years.

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