EPISODE · May 8, 2025 · 15 MIN
33% of Retirees Are Making THIS 401k Mistake! (Here's How To Stop It!)
from Red Zone Retirement Planning · host Adam Olson
In this episode, host Adam Olson dives deep into the common 401(k) mistakes that 33% of Americans are making and provides actionable strategies to secure your retirement savings in 2025 and beyond. Drawing on years of experience helping clients protect their financial futures, Adam highlights how a lack of proactive planning, strategy, and professional guidance can lead to devastating losses in your 401(k). Listeners will gain insights into three major pitfalls that can derail a 401(k) plan: failing to adjust contributions after salary increases, losing track of old accounts, and neglecting to align investment strategies with age and retirement goals. Adam emphasizes the importance of consistent planning, understanding investment risk, and consolidating accounts to maximize growth potential. Key takeaways include: • 401(k) Contribution Strategy: Learn why adjusting contributions with wage increases is crucial for long-term growth. • Lost Accounts: Discover how forgotten 401(k)s have led to $1.6 trillion in lost retirement assets—and how to avoid this trap. • Tailored Investments: Understand the importance of aligning your portfolio with your age, goals, and risk tolerance. • Common Myths Debunked: Address misconceptions like automatic account transfers and the dangers of early withdrawals. • The Red Zone Retirement Plan: Explore how a personalized framework can optimize savings, lower taxes, and ensure financial security. Ready to take charge of your 401(k)? Click the link in the show notes to complete the Retirement Questionnaire and receive a personalized video analysis. Don’t wait—secure your financial future today! Subscribe now for more insights on protecting and growing your retirement savings. “Forgotten 401(k)s account for $1.6 trillion in lost retirement savings—don’t let your hard-earned money disappear.” - Adam Olson Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website Retirement Quiz -- Investing involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.
What this episode covers
In this episode, host Adam Olson dives deep into the common 401(k) mistakes that 33% of Americans are making and provides actionable strategies to secure your retirement savings in 2025 and beyond. Drawing on years of experience helping clients protect their financial futures, Adam highlights how a lack of proactive planning, strategy, and professional guidance can lead to devastating losses in your 401(k). Listeners will gain insights into three major pitfalls that can derail a 401(k) plan: failing to adjust contributions after salary increases, losing track of old accounts, and neglecting to align investment strategies with age and retirement goals. Adam emphasizes the importance of consistent planning, understanding investment risk, and consolidating accounts to maximize growth potential. Key takeaways include: • 401(k) Contribution Strategy: Learn why adjusting contributions with wage increases is crucial for long-term growth. • Lost Accounts: Discover how forgotten 401(k)s have led to $1.6 trillion in lost retirement assets—and how to avoid this trap. • Tailored Investments: Understand the importance of aligning your portfolio with your age, goals, and risk tolerance. • Common Myths Debunked: Address misconceptions like automatic account transfers and the dangers of early withdrawals. • The Red Zone Retirement Plan: Explore how a personalized framework can optimize savings, lower taxes, and ensure financial security. Ready to take charge of your 401(k)? Click the link in the show notes to complete the Retirement Questionnaire and receive a personalized video analysis. Don’t wait—secure your financial future today! Subscribe now for more insights on protecting and growing your retirement savings. “Forgotten 401(k)s account for $1.6 trillion in lost retirement savings—don’t let your hard-earned money disappear.” - Adam Olson Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website Retirement Quiz -- Investing involves risk, including loss of principal. Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions. Any strategies discussed may not be suitable for everyone. Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC. Adam Olson, Representative. Mutual of Omaha Investor Services is not affiliated with any entity listed herein. This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties. Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.
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33% of Retirees Are Making THIS 401k Mistake! (Here's How To Stop It!)
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