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Description

On today’s Saving With Silverman podcast, Mark Silverman CFP® explains why your 401k is far from perfect as a retirement savings tool. This also applies to your 403b, TSP or 457 plans.

 

Read more and get additional financial resources here: https://silverman-associates.com/saving-with-silverman-podcast/ep-29-watch-out-for-these-weaknesses-in-your-401k-plan 

 

What we discuss on this episode: 

1:00 – Administrative costs

2:10 – Mutual funds

3:34 – Limited asset classes

4:25 – Subpar conservative investments