FTM 509: Wall Street’s Retirement Trap (Barry James Dyke on 401(k)s, Target-Date Funds, and the 4% Rule_
About this episode
Jerry Robinson and Barry James Dyke discuss the failures of America's retirement system and the influence of Wall Street on retirement savings.
Is America’s retirement system really built to serve retirees, or is it built to serve Wall Street? In this episode of Follow the Money, Jerry Robinson welcomes back longtime guest and author Barry James Dyke for a hard-hitting conversation on what Barry calls Wall Street’s retirement trap. Barry, author of The Pirates of Manhattan and The Retirement Ruse, explains why America’s retirement system is failing so many workers and retirees. Jerry and Barry discuss 401(k)s, target-date funds, the 4% withdrawal rule, collective investment trusts, private credit, sequence-of-returns risk, and the need to think more seriously about retirement income. They also discuss Barry’s upcoming book, Black Eyes for BlackRock, and the growing influence of major financial firms over America’s retirement savings. Need a second opinion on your retirement income strategy? Visit FollowTheMoney.com/advice Or call 800-609-5530 Follow Jerry Robinson and Follow the Money: Website: FollowTheMoney.com Advisor Referral Service: FollowTheMoney.com/advice Podcast: FollowTheMoney.com/podcast X: @ftmdaily Disclaimer: This content is for educational purposes only and should not be considered personalized financial…
People in this episode
Host: Jerry Robinson
Guest: Barry James Dyke
Topics covered
- retirement system
- 401(k)s
- target-date funds
- 4% withdrawal rule
- retirement income
- financial firms influence
Keywords
- retirement trap
- 401(k)s
- target-date funds
- 4% rule
- retirement income strategy
- financial firms
- sequence-of-returns risk
Mentioned in this episode
Organizations: Wall Street, BlackRock
Books & works: The Pirates of Manhattan, The Retirement Ruse, Black Eyes for BlackRock
More episodes of Follow the Money: Master the Markets, Build Wealth, and Achieve Financial Freedom
- FTM 511: The Robot Economy (Investing in the Next AI Revolution)
- FTM 510: AI, Human Value, and the Future of Work
Explore listener stats, chart rankings, contacts and more on the Follow the Money: Master the Markets, Build Wealth, and Achieve Financial Freedom podcast page.