“Millennials seek instant gratification. Putting money away today to live off of forty years from now isn’t nearly as sexy as a trip to Thailand with your girlfriends or tickets to the World Series. I’m not saying there’s anything wrong with that, but you’ve got to strike a balance between today and tomorrow.”
Tag "financial literacy"
Government workers ignore math, fee mongers misuse math and savvy salesmen abuse math.
Government policy and the hoi polloi might be leading 401k plan sponsors to disaster. Why?
Even if you can’t lead him to drink, you still have the fiduciary duty to lead a horse to water.
Isn’t it best to know this at age 25 – not 65?
Washington attacks 401k plans as states move to convert DB plans to DC plans, fiduciary advocates take off the gloves, annuities replace TDFs as favorite whipping boy and more.
FiduciaryNews.com Trending Topics for ERISA Plan Sponsors: Week Ending 5/12/17
States don’t run, fee scruples, and Bogle’s Bombshell.