I’m in my 20s and keep getting laid off. Should I invest in my employer’s 401(k) or look into other options?
“I have lost faith that the traditional career spanning decades at one company even exists anymore.”
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# Summary The article highlights concerns about career stability for younger workers facing frequent layoffs, questioning the value of employer-sponsored 401(k) plans when long-term employment is uncertain. This trend could shift investment behavior among millennials and Gen Z toward self-directed retirement accounts like IRAs and brokerage accounts rather than traditional employer plans tied to companies experiencing workforce volatility.
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