Retirement System in the United States

[Joe Leote]

Was the 401(k) a mistake?

https://youtu.be/HV9cUhQQ6ek

Joe

[William Meyer]

I'm not surprised by their solution, govt match on contributions to the stock market now.  All roads lead to Rome.

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[William Meyer]

It's asking poor people to lower their standard of living voluntarily (self imposed tax of sorts).  So that interest rates will decline, saving the elite in the process, all for a 'pension' that won't rival other oecd nations.  A joke.