EPISODE · Aug 1, 2025 · 6 MIN
The Dumbest Mistake You Can Make with Your 401k
from Watchdog on Wall Street with Chris Markowski · host Finance, Investing, & Markets
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredIn this episode of Watchdog on Wall Street, Chris breaks down the good, the bad, and the stupid of what’s happening with Americans’ 401ks. Yes, more people are saving—but a record number are also raiding their retirement early, racking up penalties and taxes in the process. Here’s what you’ll hear:Why hardship withdrawals are skyrocketing—and why it’s a terrible ideaThe dumbest thing you can do when leaving a jobWhy pulling cash from your 401k is like burning money in your backyardHow to build real wealth without living like a monkAnd the one mindset shift that can help you save smarter, not harder Saving should be sustainable. If it’s not, you’re doing it wrong.
What this episode covers
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featuredIn this episode of Watchdog on Wall Street, Chris breaks down the good, the bad, and the stupid of what’s happening with Americans’ 401ks. Yes, more people are saving—but a record number are also raiding their retirement early, racking up penalties and taxes in the process. Here’s what you’ll hear:Why hardship withdrawals are skyrocketing—and why it’s a terrible ideaThe dumbest thing you can do when leaving a jobWhy pulling cash from your 401k is like burning money in your backyardHow to build real wealth without living like a monkAnd the one mindset shift that can help you save smarter, not harder Saving should be sustainable. If it’s not, you’re doing it wrong.
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The Dumbest Mistake You Can Make with Your 401k
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