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The Dumbest Mistake You Can Make with Your 401k

Author
Radio America
Published
Fri 01 Aug 2025
Episode Link
https://www.spreaker.com/episode/the-dumbest-mistake-you-can-make-with-your-401k--67205842

LISTEN and SUBSCRIBE on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 

Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i 

WATCH and SUBSCRIBE on:

https://www.youtube.com/@WatchdogOnWallstreet/featured

In this episode of Watchdog on Wall Street, Chris breaks down the good, the bad, and the stupid of what’s happening with Americans’ 401ks. Yes, more people are saving—but a record number are also raiding their retirement early, racking up penalties and taxes in the process.
 Here’s what you’ll hear:
  • Why hardship withdrawals are skyrocketing—and why it’s a terrible idea
  • The dumbest thing you can do when leaving a job
  • Why pulling cash from your 401k is like burning money in your backyard
  • How to build real wealth without living like a monk
  • And the one mindset shift that can help you save smarter, not harder
 Saving should be sustainable. If it’s not, you’re doing it wrong.

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