Making the Case Against the 401(k)

Making the Case Against the 401(k)

Professor Teresa Ghilarducci, a labor economist and retirement expert at The New School for Social Research, has been arguing for years that the 401(k), which was never intended to be the primary retirement savings vehicle for most American workers, only helps high earners and is riddled with misaligned incentives. She joins The Express to make the case for a new government sponsored retirement savings account that she says is more equitable and provides a pathway to allowing workers to not run out of money once they stop working. Plus, new record highs keep coming for the stock market, but by all accounts, this bull market is pretty tame. LINKS FOR SHOW NOTES https://www.investopedia.com/what-to-expect-in-the-markets-this-week-8662467 https://www.newschool.edu/nssr/faculty/teresa-ghilarducci/ https://teresaghilarducci.org/about https://insight.factset.com/ https://www.investopedia.com/terms/t/triplewitchinghour.asp https://www.investopedia.com/terms/1/401kplan.asp https://twitter.com/TimmerFidelity https://eig.org/bipartisan-pair-of-economists-propose-bold-new-wealth-building-program-for-the-bottom-50-percent-of-american-workers/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Over-Concentrated or Over-Diversified?

Over-Concentrated or Over-Diversified?

With the stock market near record highs again, and nearly every valuation metric pointing to extremes, are we at the precipice of our own “irrational exuberance” moment, or just riding this bull throu...

2 Sep 202534min

Inside the World’s Biggest Wealth Festival

Inside the World’s Biggest Wealth Festival

We go inside Invest Fest, the biggest and best wealth festival on the planet, as it celebrates its fifth year of bringing education and empowerment to over 25,000 people in Atlanta. Hear from some of ...

26 Aug 202533min

Riding High on Optimistic Vibes

Riding High on Optimistic Vibes

Individual investors are feeling as optimistic as they’ve felt all year according to our recent sentiment survey, and with stocks dancing around record highs, strong earnings and less bite than bark f...

18 Aug 202535min

How to Climb the Ever-Rising Wealth Ladder

How to Climb the Ever-Rising Wealth Ladder

The pursuit of wealth has never been more intense, but the path to getting there has never been steeper. Nick Maggiulli, the founder of ofdollarsanddata.com and author of “The Wealth Ladder”, joins th...

11 Aug 202530min

Investing Through a Cloud of Dubious Data

Investing Through a Cloud of Dubious Data

The recent firing of the Commissioner of the BLS and the resignation of a top Fed official have cast even more doubt on the trustworthiness of government data and the future independence of the centra...

4 Aug 202535min

Low-Riding Through Short Squeezes to Higher Highs

Low-Riding Through Short Squeezes to Higher Highs

On what could be the most important week for investors in years, markets keep riding to higher highs, and meme stocks keep spinning into the silly-sphere as the shorts get squeezed, giving 2021 vibes ...

28 Juli 202530min

Investing Through a Regulatory Overhaul

Investing Through a Regulatory Overhaul

From the passage of the “Big Beautiful Tax Bill”, to new laws around stablecoins, investors have been navigating one massive change after another as they chase the stock market to new record highs. Mi...

21 Juli 202531min

Testing the Limits of American Exceptionalism

Testing the Limits of American Exceptionalism

As yet another new wave of tariff threats come out of the White House, investors have yet to bail out of the U.S. stock market like they did in April. Is their bet on American Exceptionalism about to ...

14 Juli 202531min

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