Dolph Janis, founder of Clear Income Strategies, discusses 401k retirement plans and the potential changes that could affect them. The hosts discuss the proposal to abolish pre-tax 401k and IRA programs, arguing that it only benefits the rich and results in lost tax revenue. They also touch on the importance of social security as a supplemental income in retirement and the need for multiple resources for income. The conversation highlights the need for individuals to save and make sacrifices for their future, as well as the importance of planning and diversification in retirement portfolios.
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