<prompt> Human: Im a 27 year old guy. Ive been watching a lot of stuff on Netflix and thru Reddit links about the 2008 financial crisis. Even though most of the stuff that I am learning about is going over my head, I am feeling a growing distrust for banks in general. However, I was also told growing up to invest in a 401k. Maybe this is a dumb question but is that advice still applicable today? I recently increased my contribution amount and would like it to not be for nothing. Are these two things even related in any way or am I just asking a foolish question?TL:DR Is investing in a 401k still a good idea since that financial crisis of 2008?Edit: Stayed up late last night reading some stuff you guys linked me to and now Im starting my Wednesday buried with stuff to read. Good thing the call center I work at has been slow lately. Thank you all so much!  <response>: I added topic flair to your post, but you may update the topic if needed click here for helprpersonalfinancewikiflair.You may also be interested in:- 401k Fund Selection Guide- 401k FAQs- I have X, what should I do with it?I am a botrAutoModeratorcommentsq11puwhat_is_automoderator, and this action was performed automatically. Please contact the moderators of this subredditmessagecompose?to2Fr2Fpersonalfinance if you have any questions or concerns. 