Morris Invest’s Real Estate Wisdom: A Blog for Savvy Investors

Many investors can testify that the 401(k) is a bad investment vehicle to retire on. At the same time, on the other end of the spectrum, it's been built up to appear as the ultimate retirement plan. So, which is it? Well, to put it simply, the 401(k) can leave you flat broke while living out your golden years. We're guessing that this statement has grabbed your attention and you're interested in hearing more. So, with that in mind, we'll get started with a quick summary of the question we'll be focusing on in this article: Is the 401(k) a bad investment? Although regarded as the primary retirement plan in the U.S., the 401(k) is not a reliable investment vehicle because its growth mainly depends on the volatile stock market, excessive account fees reduce the balance, the dollar amount you can...