A Future Without 401(k)s: The Major Threats Facing the Conventional Retirement Model – Austin Hair (Part 2): Ep #458

For this week’s episode, I’m sharing the second half of a recent conversation I had with Austin Hair of Leader’s Real Estate. (If you missed the first part of the conversation, make sure to check out last week’s episode.) Today, we dig into the major threats facing 401(k)s and what a future without them looks like.

Our past and current retirement models may not be around much longer, so it’s important to understand where the threats and opportunities lie that will allow you to roll with the changes and create a retirement that works well for you. Listen in to hear about the major problems facing the 401(k) retirement system and the options out there that can benefit your retirement savings in a much bigger way.

Minute Markers:

1:24 – My early 401(k) experience and why I ended up shutting it down and converting to IRAs.
3:03 – The major problems with your 401(k).
5:51 – What you can do if you want to go a different route with your 401(k).
8:53 – The direction our community tends to go in when it comes to retirement savings.
11:23 – Why I’ve been doing a lot of debt investing.
14:56 – The most resilient place to be as an investor and where you should start investing.

Featured on the Show:

Austin Hair: Website | LinkedIn | Instagram

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I’m trying to shift my thinking into probabilities rather than definitive outcomes. It seems like there’s a greater probability that we’ll see a plateau of real estate prices rather than them to continue to go up. – Austin Hair