GeoPulse : Learn how to take control of your money with smart personal finance strategies, simple investing tips, and daily money hacks. In this video, we break down today’s financial news and give you practical steps to grow wealth, save smarter, and invest wisely.
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00:00As the 401k grew and became more and more popular, a monster was born because there was a conflict of interest.
00:06Because with the popularity of the 401k came new, crazy, complex investments, complex mutual funds, backdoor partnerships, and even hidden fees.
00:16In fact, Mr. Benna himself criticizes the modern 401k because he said it helped open the door for Wall Street to make even more money and to gamble with people's retirements.
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