Should you really be maxing out your 401(k)? In this episode of Retirement With/On Purpose, host Trevor Lawson challenges one of the most common pieces of retirement advice. Drawing insights from a compelling article by Nick Maggiulli, Trevor explores the pros and cons of maxing out your 401(k)—including fees, limited flexibility, and the long-term tradeoff of locking up your capital. He also breaks down a 30-year side-by-side comparison between a Roth 401(k) and a taxable brokerage account, revealing just how much (or little) you might gain. Tune in for a fresh perspective that may shift how you think about saving for retirement.

Read more of Nick Maggiulli insights here: Should I Max Out My 401k? [The Surprising Truth] by Nick Maggiulli

For more information and resources, visit Trevor-Lawson.com.

Retirement With/On Purpose is hosted by Trevor Lawson and produced by Earfluence.