nicodemus on Nostr: Almost no one has been building the same 401k plan for decades. That is dying with ...

Almost no one has been building the same 401k plan for decades. That is dying with the boomers (out of a necessity they created).

This means most people should have 401k funds from prior plans that they’ve left available, IF they haven’t rolled them over to their current plan (in which case, they ought to know better).

For those funds that haven’t been rolled into an active plan, go create a self-directed (this is key) traditional IRA (or, if your tax burden is low enough, a Roth IRA), and roll the funds into that. Then, take said funds, buy corn directly, store corn in cold storage of your choice. Chill.

Anyone with retirement accounts is not likely to stay at their job for very long. When you leave, this is the first thing you do.

Just started a new gig or rolled over prior funds? Most plans allow a partial rollover as well as a rollover of contributions outside of your employer. Use this to do the above with the IRA.

There are even more options if you’re savvy. You just need to put in the work to learn.

Don’t feel like putting in the work? Cool.

We all buy at the price we deserve.