Why You’ll Never Stop Working for Money

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By Rich Dad and The Rich Dad Radio Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

We all define retirement differently. For most, it probably involves an island somewhere, a hammock, a good book, and a glass of wine sitting next to you as you relax for the first time in a long time. In this episode, paper asset experts discuss why for so many people across the globe this is a dream they’ll never realize, and how the 401(k) was never designed to make you rich.

As Tom Wheelwright, Rich Dad Advisor on taxes says, “These government-qualified retirement plans provide temporary tax benefits, but they’re also the reason most people will never be able to stop working for money.”

Andy Tanner a Rich Dad Advisor and the author of “401(k)aos” and “Stock Market Cash Flow” says “If you plan to retire poor, the 401(k) is for you.”

Hosts Robert & Kim Kiyosaki and guests John MacGregor and Andy Tanner discuss the tax advantages and disadvantages of paper assets like stock, bonds, mutual funds, and 401(k)s.

Tom Wheelwright: www.wealthability.com

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316 episodes