Uploaded June 2026 | Updated September 2026, 2 weeks ago
401(k) mistakes can quietly cost you hundreds of thousands of dollars in retirement. In this video, we break down 5 uncomfortable truths about 401(k)s that most investors never hear—from hidden tax traps and required minimum distributions (RMDs) to forgotten accounts, Roth 401(k) misconceptions, and the surprising impact of investment fees. Learn how to build a smarter retirement strategy using tax diversification, optimize your retirement savings, avoid costly 401(k) errors, and create a plan designed for long-term financial independence. Whether you're maximizing your employer match, evaluating Roth vs. Traditional 401(k) contributions, or preparing for retirement withdrawals, these insights can help you make more informed financial decisions.
Timestamps
00:00:00 The Uncomfortable Truth About 401(k)s
00:00:26 Why a 401(k) Alone May Not Be Enough
00:01:35 The Three Tax Buckets Every Retiree Needs
00:02:19 Having a 401(k) Doesn't Build Wealth
00:03:33 The Roth 401(k) Surprise Most People Miss
00:04:20 The Forgotten 401(k) Problem
00:06:00 Hidden Fees That Can Cost You Millions
00:08:05 How to Get the Most Out of Your 401(k)
🔗 How Much Should You Save? → moneyguy.com/resource/how-much-to-save
🔗 Got An Old 401(k)? → moneyguy.com/resource/got-an-old-401k
🔗 401(k) Ultimate Guide → moneyguy.com/guide/401k
🔗 The Money Guy Guide to Retirement → moneyguy.com/resource/the-money-guy-guide-to-retirement
🔗 Financial Order of Operations (FOO) → moneyguy.com/guide/foo
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: moneyguy.com/resources
Subscribe on YouTube for early access and go beyond the podcast: youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: moneyguy.com/link-in-bio
Take the relationship to the next level and become a client: moneyguy.com/become-a-client
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
401(k) mistakes can quietly cost you hundreds of thousands of dollars in retirement. In this video, we break down 5 uncomfortable truths about 401(k)s that most investors never hear—from hidden tax traps and required minimum distributions (RMDs) to forgotten accounts, Roth 401(k) misconceptions, and the surprising impact of investment fees. Learn how to build a smarter retirement strategy using tax diversification, optimize your retirement savings, avoid costly 401(k) errors, and create a plan designed for long-term financial independence. Whether you're maximizing your employer match, evaluating Roth vs. Traditional 401(k) contributions, or preparing for retirement withdrawals, these insights can help you make more informed financial decisions.
Timestamps
00:00:00 The Uncomfortable Truth About 401(k)s
00:00:26 Why a 401(k) Alone May Not Be Enough
00:01:35 The Three Tax Buckets Every Retiree Needs
00:02:19 Having a 401(k) Doesn't Build Wealth
00:03:33 The Roth 401(k) Surprise Most People Miss
00:04:20 The Forgotten 401(k) Problem
00:06:00 Hidden Fees That Can Cost You Millions
00:08:05 How to Get the Most Out of Your 401(k)
🔗 How Much Should You Save? → moneyguy.com/resource/how-much-to-save
🔗 Got An Old 401(k)? → moneyguy.com/resource/got-an-old-401k
🔗 401(k) Ultimate Guide → moneyguy.com/guide/401k
🔗 The Money Guy Guide to Retirement → moneyguy.com/resource/the-money-guy-guide-to-retirement
🔗 Financial Order of Operations (FOO) → moneyguy.com/guide/foo
🎓 Brian Preston (CFP®, CPA) and Bo Hanson (CFA®, CFP®) share professional insights to help you own your financial future.
Jump start your journey with our FREE financial resources: moneyguy.com/resources
Subscribe on YouTube for early access and go beyond the podcast: youtube.com/c/MoneyGuyShow?sub_confirmation=1
Connect with us on social media for more content: moneyguy.com/link-in-bio
Take the relationship to the next level and become a client: moneyguy.com/become-a-client
#WealthBuilding #PersonalFinance2026 #RetirementPlanning #FinancialFreedom
