Tue, 9 Jul 2013
Read the rest of this article on Morningstar Articles
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.
These plans offer investors many benefits in saving for retirement, but they also have their drawbacks.
As 401 ( k )s become more of the centerpiece of the U.S. retirement system, the current average expenses for the plans are too high, says Morningstar's John Rekenthaler.
The Vanguard founder offers his thoughts on the need for money fund reform, the dilemmas with retirement planning and savings, the fiduciary duty of fund managers, and much more, in this video exclusive to Premium Members.
©2014 Morningstar Advisor. All right reserved.