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RE: Why Aren't People Retiring? (Part Two)
also do people really know what is there 401k or how about what happens if the market crashed near there retirement
also do people really know what is there 401k or how about what happens if the market crashed near there retirement
NOPE! I suspect that 90% of people never look at their 401k's at all. I listen to a financial show soemtimes and he always asks them..."What company manages your funds? What ETF's or Index funds are in there?" Most people can't answer those questions at all. When this market tanks...& it's about to very soon, those same people are gonna be hit blind sided AGAIN like they were in 2008. Sad.