Your 401K is Not Enough - Financial Freedom, #49

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!