X @Nick Szabo

RT Adam Livingston (@AdamBLiv)People don’t like hearing this, but putting money your 401(k) just to get the employer match is stupid.Most people don’t realize their 401(k) “match” is just a leash.“Free money” sounds nice until you realize it’s denominated in melting ice cubes and you can’t touch it for 30 years.They’ll say:“But you get a 100% match!”Okay. Let me give you an example.Assumptions:Salary: $80,000/yearYou contribute 5% ($4,000), employer matches $4,000 → total $8,000/yearMatch stays in S&P 500 e ...