Why 401(k) Balances By Generation Are So Low And Why We Shouldn't Be Worried

Why 401(k) Balances By Generation Are So Low And Why We Shouldn't Be Worried

Author: Sam Dogen: Financial Samurai founder, personal finance blogger September 12, 2023 Duration: 22:40

My wife and I talk about how shockingly low the median 401(k) balances are by generation. We also discuss why we think this is the case and why there is likely no retirement crisis in America. 

Financial Samurai Posts:

401(k) Balances By Generation

How To Calculate the Value Of Your Pension

The 60-Day Rollover Rule

The Right Ratio Between Income And Distribution

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Money isn't just about numbers on a screen; it's the tool that carves out the life you want to live. On The Financial Samurai Podcast, Sam Dogen digs into that reality with the same direct, experienced perspective that built his influential personal finance blog. You'll hear conversations that go beyond basic tips, focusing instead on the strategic decisions and mental shifts required to build genuine wealth and security. Sam explores the intersection of career, investing, and lifestyle design, drawing from his own journey and insights from various financial trenches. This isn't about get-rich-quick schemes, but about developing a sustainable and intelligent approach to your finances. Each episode feels like a candid discussion with a knowledgeable friend who isn't afraid to tackle the tough questions about risk, opportunity, and what "financial freedom" actually means for different people. Tune in for a podcast that consistently challenges conventional wisdom, offering actionable advice for making your money work harder so you can focus on living better, on your own terms.
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