What Happens to Your 401k When You Leave a Job?
InvestTalk
Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
4.4 • 1.5K Ratings
🗓️ 22 April 2026
⏱️ 46 minutes
🧾️ Download transcript
Summary
Millions of Americans change jobs every year without fully claiming the retirement contributions, unvested stock, and other compensation they've earned — and it adds up to billions in lost wealth over a lifetime. We break down the key financial steps every worker should take before handing in their resignation letter.
Today's Stocks & Topics: Avis Budget Group, Inc. (CAR), Market Wrap, iShares MSCI Switzerland ETF (EWL), Franklin FTSE Switzerland ETF (FLSW), Tractor Supply Company (TSCO), What Happens to Your 401k When You Leave a Job?, Super Micro Computer, Inc. (SMCI), ServiceNow, Inc. (NOW), Intel Corporation (INTC), Energy Forecast, Badger Meter, Inc. (BMI), Private Credit.
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Transcript
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| 0:00.0 | On radio, on YouTube, streaming live on invest talk.com, and for our podcast subscribers, this is InvestTalk. Incependent Thinking, shared success. |
| 0:17.7 | InvestTalk is made possible by KPP Financial, a registered investment advisor firm, serving clients throughout the United States. |
| 0:27.0 | Here is KPP Financial Portfolio Manager, Luke Guerrero. |
| 0:32.7 | Good afternoon, fellow investors, and welcome to the Tuesday, April 21st edition of InvestTalk. |
| 0:42.7 | I'm Lou Guerrera. My voice is a little bit raspy today, a little bit sick over the weekend, |
| 0:48.0 | but nevertheless, I am here for you to answer your finance and investment questions. |
| 0:53.5 | One thing I want to briefly mention before we dive into today's show is that it is time again |
| 0:58.4 | for one of our most liked special events, a new Invest Talk Wealth webinar. |
| 1:04.1 | It will all be happening online Wednesday, May 6th at 1 p.m. Pacific time. |
| 1:08.9 | The webinar will focus on a topic a lot of investors are dealing with |
| 1:12.4 | right now, inflation. This webinar is titled, How to Protect Your Portfolio from Inflation, |
| 1:18.8 | where to allocate what to overweight, and how to find value. So mark your calendars for Wednesday, |
| 1:24.2 | May 6th at 1 p.m. Pacific. Register now at investtalk.com. All right, in just a bit, |
| 1:29.8 | we're going to be talking about today's market performance and running down those show topics. |
| 1:34.0 | But first, let's tackle this caller question. Hey, guys, I want to know about Avis budget. The tick |
| 1:42.1 | symbol is C-A-R. This thing is rallying like crazy. I mean, it's gone up to like |
| 1:48.2 | $600, 25% up today. I mean, I'm pretty sure this is not sustainable. It seems like people are |
| 1:55.7 | buying the fear of missing out. But what is going on? Is there something you can explain with this? |
| 2:01.9 | Thank you. We'll be looking forward to your answer. Let's take a look at ticker C-A-R, which is Avis |
| 2:08.4 | Budget Group, Inc. It is a global car rental giant. They operate Avis, they operate budget, |
| 2:15.5 | they operate Zipcar, and they do so in about 10,000 locations in 180 countries. |
| 2:24.6 | And right now it is experiencing one of the most violent short squeezes in recent market history. |
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