Tony Robbins reveals surprising Social Security, 401(k) warning
The personal finance author explains a big reason why saving for retirement can be difficult.
People saving for retirement during their working years often do so, at least in part, by taking advantage of employer-sponsored 401(k) plans.
These contributions are especially lucrative when a worker's company matches them up to a predetermined income percentage, essentially giving the employee a 100% return on at least part of their investment.
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 are having difficulty setting aside a substantial sum of money for 401(k) plan contributions.
