401k
Coverage of 401k in the Nexus archive.
- I'm in my 50s, can't find a job, and am already draining my 401k. I've never felt closer to failure.
Laura Lynch, in her 50s, was laid off in 2025 and struggles to find a job, leading her to drain her 401k and consider downsizing. She is taking a healthcare coding course and exploring remote work opportunities to adapt to the competitive job market.
- [US] Husband knows he is being scammed, but still gives them money
A husband invested in CFDs through an unnamed website, initially contributing funds and later adding $250,000 from inheritance. The platform locked his account and demanded additional fees, now seeking more money for 'taxes,' with plans to use his 401K. The couple, in their mid-50s, faces financial strain as the inheritance was meant to last their lifetime.
- If i have 401k should i go all in on BTC
A 26-year-old with $60k in a 401k and $350 weekly savings is considering allocating all investments to Bitcoin (BTC) for potential early retirement, while currently investing in VOO and BTC through a brokerage. The user views the 401k as 'safe money' and is weighing between retiring in 10 years with BTC or at 55 with the 401k.