SUPPORT us on PATREON: https://www.patreon.com/twocentspbsds SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Almost every financial adviser recommends having a 401(k)... but are they the surefire solution they're made out to be? Two Cents on FB: https://www.facebook.com/TwoCentsPBS Two Cents on Twitter: @twocentspbs Email us: twocentspbs@gmail.com Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. sources: https://www.cnbc.com/2017/01/04/a-brief-history-of-the-401k-which-changed-how-americans-retire.html https://www.fool.com/investing/2018/06/05/pensions-are-disappearing-heres-how-to-save-for-re.aspx https://20somethingfinance.com/401k-match/ https://www.investopedia.com/articles/personal-finance/061913/hidden-fees-401ks.asp https://money.usnews.com/investing/investing-101/articles/2018-01-08/the-ugly-truth-about-retirement-savings-shortfalls https://www.cnbc.com/2019/03/07/63-percent-of-americans-are-confused-about-401k-retirement-plans.html Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Philip Olson, CFP® and Julia Lorenz-Olson Executive Producer: Amanda Fox Produced by: Katie Graham Edited & Animated by: Dano Johnson Images by: Shutterstock Music by: APM