Rich or poor, workers win if firms prod them to save
Are you going to be OK in retirement, or will you end up scavenging for food and hoping the lottery will save you from years of saving neglect? Recent criticism of the 401(k) system suggests the dreary life of a scavenger for millions of Americans who didn’t squirrel away what they needed and blew it investing in retirement plans. Yet, a new study suggests that if you are young enough and happen to work for an employer that baby-sits you when it comes to saving for your future, you should end up fine...Read More
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