Retirement Plans: Last Week Tonight with John Oliver (HBO)

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Published 2016-06-12
Saving for retirement means navigating a potential minefield of high fees and bad advice. Billy Eichner and Kristin Chenoweth share some tips.

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All Comments (21)
  • @NicholasBall130
    More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
  • @Timathus
    As an Irishman, I was very confused about Americans saving money by putting it towards the IRA.
  • @ikolimariam4871
    It's recommended to save at least 20% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 20% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
  • @Peppermon22
    Right. My 401k takes more fees the larger it gets! I have to tell myself “any retirement is better than no retirement” they are seriously taking 4%
  • Did you know that the twist of the strands in a twisted or braided rope serves not only to keep a rope together, but enables the rope to more evenly distribute tension among the individual strands.
  • @Riggsnic_co
    I've just retired recently and I must say I found this video informative and great to review. These psychological concepts are much more useful for individuals attempting to avoid mistakes than I realized when I was first introduced to them. This is probably why Warren Buffett talks so much about temperament being crucial to his investing success.
  • I just retired, but I am uncertain that my 401k and IRA will ensure a stable future. I have $900k set aside, I am seeking an approach that matches my risk tolerance and financial objectives. Please I need advice, should I invest in stocks or real estate ?
  • @Tysto
    Joke's on you. I paid $4000 for the elf-spotting seminar in Iceland, and now i TEACH elf-spotting in America for 6 figures a year.
  • Hearing “The president did veto it” and seeing a picture of Obama was incredible
  • @HodgeChris
    Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
  • @KrillixKai
    Holy shit! I'm a Certified Financial Adviser now. I'm going to put this right next to my Associates Degree from ITT Tech.
  • @Y0M
    I'll put my degrees in Financial Advising and Elf Spotting on the wall next to my Liberal Arts degree
  • @thezekroman
    The existence of the Suzie Orman show is proof that people will do anything if it means not calling their mother. You don't have to call into a talk show to have some middle-aged woman tell you not to buy something, just call your mother and she'll do it for free.
  • My strategy is; buy quality companies, expect to hold no matter what, pay up but don’t over pay, keep track, sell rarely, be ready to course correct.
  • @jorgedaniel9656
    That woman had 2.250% in credit card debt, 35k on student loans and almost 8k on a car loan with interest, and she wanted a loan to buy a 1410$ bag?!?
  • As a soon retiree, keeping my 401k on course after a rocky 2022 is top priority. I have been reading of lnvestors making up to 250k ROI in this current crashing market, any recommendations to scale up my ROI before retirement will be highly appreciated.
  • @CptSpears007
    Does anyone else’s inner voice start sounding like John Oliver for a while after watching the show