Dave Ramsey has blunt words for Americans on 401(k)s
The personal finance author and radio host offers advice on fear and uncertainty in the stock market.
While confronting concerns over market fluctuations and the potential for a recession, many American workers are prioritizing the management of everyday financial obligations — covering mortgages or rents, keeping pace with soaring grocery prices, fuel costs, and other living expenses.
While focusing on these immediate challenges, they also focus on their future by investing in 401(k) plans and Individual Retirement Accounts (IRAs) to ensure financial security during retirement and to navigate the unpredictability of the economy.
Dave Ramsey, the personal finance author and radio host, offers compelling comments in an exclusive interview with TheStreet about saving for retirement, 401(k)s, and building wealth in a volatile stock market.
We will get to that below, but here's some important background first.
