I think we should revisit the policy of an actual forced savings account - rather than the bad proxies for it: social security, home equity, 401k.
The general population is not smart enough to understand a 401k and raids it as soon as they can.
The Obama administration was big on the “gentle nudge” policies - so that for example they would enroll you in retirement, but you could opt out, but I don’t think that’s strong enough.
The general population is not smart enough to understand a 401k and raids it as soon as they can.
The Obama administration was big on the “gentle nudge” policies - so that for example they would enroll you in retirement, but you could opt out, but I don’t think that’s strong enough.