Tony Robbins has a warning on Social Security, 401(k)s
The personal finance author questions why people struggle with retirement savings.
Americans planning to retire often do so, at least in part, by taking advantage of employer-sponsored 401(k) plans.
The contributions they make are especially lucrative when a worker's company matches them up to a predetermined income percentage that effectively gives the employee a 100% return on at least part of their investment.
Still, many people aren't saving enough.
Bestselling personal finance author and motivational speaker Tony Robbins has a warning for Americans about Social Security benefits, and offers a surprising explanation about why many people have trouble setting aside a substantial sum of money for 401(k) plan contributions.
