The Best Laid Plans (Episode 33)

SUMMARY:

One of the forefathers of the 401k joins Andy to discuss how the retirement plan originated, blossomed and ultimately failed. Herb Whitehouse was an early institutor of the 401k at one of America’s biggest corporations. In this eye-opening discussion you will find out what the original intentions were for the 401k, and how these intentions veered off course. Andy and Herb offer advice on how current 401k investors can incorporate the plan into a healthy retirement.

SHOW HIGHLIGHTS:

1:53: How Did the 401k Start?

5:30: How Did the 401k Change the Lives of Employees?

11:35: How Did the 401k Veer Off Course?

24:19: Why is the 401k Only a Retirement Supplement?