Sun, 6 Jan 2013
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There is certainly room for improvement in these plans, but the factors that matter most to 401 ( k ) investors' success are within their control.
Morningstar's David Blanchett examines how aversion to save while younger, fear of loss, performance-chasing, and high ownership in employer stock are problematic areas for retirement accumulators.
The 401 ( k ) is really a thrift plan that we've tried to redesign into a retirement plan, and it needs to change, says the Vanguard founder.
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