{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"The 401k Deal Nobody Would Take | Average vs Actual Returns (Ep. 271)","description":"Your 401k says 25% average return \u2014 but your actual return could be zero. Here's the math. \ud83d\udc49 Find more Without the Bank here: https:\/\/www.youtube.com\/@MaryJoIrmen?sub_confirmation=1  \ud83d\udc49 Get the book: https:\/\/www.withoutthebank.com\/book  Part 4 of the 401k Half-Truths series breaks down the biggest illusion in retirement planning: average vs actual returns. You've probably heard your 401k grows "5-10% on average" \u2014 but that number hides a painful truth. Tarisa walks through a real math example that shows how a 25% average return can equal a 0% actual return, shares her own mom's experience of having less in her 401k than she contributed, and poses a simple question: would you take a deal where someone tells you how much to give them, charges you fees even when they lose your money, locks your money away, and penalizes you for needing it early? That's essentially what a 401k is. If you're contributing the max to your 401k, you need to understand the difference between inputs and outputs \u2014 how much you've actually put in versus what you can actually access. There are alternatives that aren't subject to market risk. This episode is about empowering you with information to make better decisions for your future. \u23f1\ufe0f Chapters 0:00 - The Problem with 401k "Average Returns" 0:42 - 401k Half-Truths Part 4: Average vs Actual 1:30 - The 25% Average, 0% Actual Math Example 3:47 - My Mom's 401k Story 5:15 - How Losses Destroy Growth 6:30 - Global Economy Risk: Tariffs & Inflation 7:47 - Why Actual Return Matters More Than Average 8:50 - The 401k Deal Nobody Would Take 10:14 - Inputs vs Outputs: Audit Your 401k 11:35 - Seed vs Harvest: The Tax Trap 12:03 - Simulate Your Portfolio's Past Performance 12:34 - Guaranteed Alternatives & Final Thoughts #personalfinance #retirementplanning #retirement #compoundinterest #401k  \ud83d\udcd8 Books Mentioned: \u2192 Life Without the Bank \u2192 Becoming Your Own Banker by Nelson Nash \ud83d\udc49 Get them here: https:\/\/www.withoutthebank.com\/book  \ud83d\udce7 Questions? Reach us at maryjo@withoutthebank.com or tarisa@withoutthebank.com  \ud83c\udf10 Learn more at http:\/\/www.withoutthebank.com  ","author_name":"Without the Bank Podcast","author_url":"https:\/\/withoutthebank.com","html":"