They told you that your 401K was enough for retirement? Were they lying, or can you survive on your 401K?
A little of both. Even if you have millions in a 401K, you need to convert that money into productive income.
Or you can create streams of income in addition to your 401K. Having a 401K, social security, and a pension are significant steps towards living a comfortable retirement.
However, if you add dividends, bonds, royalties, rental income, and cryptocurrencies to your portfolio, you can build an extraordinary life for yourself. Good Luck!
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