The episode, titled "Five Fixes for Six-Figure Retirement Wealth," argues that while younger generations are increasingly utilizing 401(k)s, most millennials and Gen Z investors are making critical errors that prevent them from fully maximizing their savings potential. The text warns that a "set it and forget it" approach leads to a significant optimization gap that can cost individuals $200,000 to $500,000 or more over their working lives. Two primary fixes involve eliminating "free money" leaks by capturing the full employer match and prioritizing Roth accounts while current income tax rates remain near historic lows. Furthermore, the article strongly advocates for implementing behavioral fixes, such as using automatic contribution increases (auto-escalation) and, for eligible employees, leveraging the complex but lucrative Mega Backdoor Roth strategy. Ultimately, the advice centers on actively managing retirement accounts, especially by consolidating old 401(k)s into aggressive, stock-heavy portfolios rather than leaving funds in low-yield stable value options.“If you don't find a way to make money while you sleep, you will work until you die.”Warren Buffett

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