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> How will that happen when there has been so much growth in the S&P? Almost no one gave the obvious answer: Most 401 K plans are not investing in the S&P. Man
by BeetleB 3y ago
> How will that happen when there has been so much growth in the S&P?
Almost no one gave the obvious answer: Most 401 K plans are not investing in the S&P. Many give you the option to, but it's not the default, and probably over 90% of workers are unaware of the fund.
And quite a few do not even give you the option to invest in it.
- gymbeaux 3y agoI’ve never worked for a company whose 401k default was an index fund. I probably never will. Best-case it was a target retirement fund, worst case I think it was some bullshit little proprietary fund that had a high expense ratio.