Today I bumped into an article referring to another article written back in October 2009 in Time Magazine. Time Magazine at the time ran this headline, “Why It’s Time to Retire the 401(k).” Robert Kiyosaki, the writer of the article that I stumbled on this morning referred to the headline and called the 401(k) the biggest scam ever.
According to him, very soon the first of 75 million baby boomers are going to retire and when this happens it will lead to the biggest stock market crash in history. If you are from the baby boomers generation and do have a 401(k), my concern is for you.
Popularity: 1% [?]




