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Self-made millionaire Grant Cardone opposes investing in 401(k)s and IRAs

Benzinga
Summary
Nutrition label

64% Informative

Grant Cardone , the self-made millionaire and real estate mogul, is stirring up controversy with his unconventional stance on retirement savings.

He believes 401(k)s and IRAs have locked away money for decades , preventing individuals from using them to generate more income in the present.

Cardone believes maintaining liquidity and the ability to invest in more immediate opportunities is crucial for wealth building.

VR Score

55

Informative language

52

Neutral language

37

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

14

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