Has the idea of the 401(k) become obsolete?

Expedition Retirement by Golden Reserve - A podcast by Greg Aler

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Your 401(k) is infested with taxes. Your 401(k) has limited investment choices. Your 401(k) can have unnecessary fees. Your 401(k) does not end in a check like a pension. When it comes to retirement planning, is your 401(k) obsolete?