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re: 401(k) discrimination testing

Posted on 3/16/15 at 10:44 am to
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 3/16/15 at 10:44 am to
That's a sweet deal. Some people just don't trust the stock market or don't understand it.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26590 posts
Posted on 3/16/15 at 10:46 am to
quote:

That's a sweet deal. Some people just don't trust the stock market or don't understand it.


I don't understand how the average person expects to retire without the stock market.
Posted by Brummy
Central, LA
Member since Oct 2009
4525 posts
Posted on 3/16/15 at 11:11 am to
quote:

Some people just don't trust the stock market or don't understand it.

That's undoubtedly part of it, but I think the larger issue is simply people not being able to tell themselves "no" today in order to secure themselves in the future. Can't pay for those boats and F-250s with 401(k) contributions.
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