Originally posted by disneysteve
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I have come to understand while there is a certain percentage of people whom will learn the retirement game and any changes and play it to their advantage........ most people simply do not play.
Even in employee healthcare many people do not know, research or care what plan they chose until their part of the bill shows up. Only the lowest premium unless they were burned before and then study up to not learn the hard way again. what is covered? what was the deductible and who is in network.
Far too many want someone else to take any risk and make any decisions regarding investments or healthcare.
It has been as old as time in the good old days when pensions were the norm, savvy investors knew that some running the pensions were corrupt or worse yet inept.
401ks were to enable employees to drive their OWN future but far too many WANT to leave the task with an employer.
Someone to blame that the available options were not good ... the match too small etc.
This is what has pushed so many into thinking a one size fits all approach would be better ....IMO a proposal designed by jealousy and greed, Mad that some worked the system to their advantage and some sat on the sidelines.
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