Dave Ramsey sends strong message to Americans on 401(k)s
The bestselling author shares blunt words on the financial path ahead.
Confronting concerns over stock market fluctuations and the potential for a recession, many American workers worry about day-to-day expenses — covering mortgages or rents, keeping pace with rising grocery prices, fuel prices, and other living expenses.
While focusing on these immediate challenges, they also focus on their future by investing in 401(k) plans and IRAs (Individual Retirement Accounts) to ensure financial security during retirement and to navigate the unpredictability of the economy.
Dave Ramsey, the bestselling 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 rocky stock market.
We will get to that below, but here is some important background first.
