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The 401k Math That Literally Cannot Work

Ben Oberg said something on the show that's hard to argue with once you actually run the numbers.

There's more than enough data to show the standard advice, max your 401k, buy an annuity, count on eight percent in the stock market, mathematically cannot work the way people think it does.

By the time you factor in taxes, fees, and inflation, you're netting close to zero.

So even if you're making eight percent on paper, you're not actually getting ahead. It nets out to zero.

What's one number on your statement that never adds up the way you'd expect? Comment it below.