Money Myth #5: You Should Max Out Your 401(k)

It’s common advice, perhaps the most ubiquitous financial advice ever: “Max out your 401(k).” But is it the right advice for you?

Probably not, says Prosperity Economics™ Movement co-founder, Kim Butler. And in this money myth video, she explains why, and gives you a different guideline for how much money you might want to contribute (or not contribute) into your 401(k) for better results:

Leave a Reply