US Retirement Moves Beyond 401(K) Plans

An investor argued wealthy Americans focus less on 401(k) plans and IRAs, and more on assets that generate passive income throughout retirement.
His approach: study how large financial firms deploy capital, then consider income sources like insurance products, operating companies, and income-producing Real Estate.
He said retirement security comes from monthly cash flow, not just a lump sum, making income-producing Real Estate his preferred long-term investment vehicle.
He chose Real Estate because he wanted downside protection, passive income, long-term appreciation, and tax write-offs, while avoiding cash erosion and stock-market losses.
He said ~95% of his wealth stays in Real Estate, and projected median US rent could reach $3K nationally within seven years.