#3 is the big one. Given no real forcing function a lot of people with bills to pay just leave things for another day. #1. 401ks weren't really designed. They

#3 is the big one. Given no real forcing function a lot of people with bills to pay just leave things for another day. #1. 401ks weren't really designed. They fell out of some tax law changes. #2. (Given #3.) Really isn't a big deal. You don't need to maximize returns. You can come up with a reasonable fire and (mostly) forget investment strategy without being a financial genius. I keep my eye on some of my portfolio but mostly leave it alone. It seems to infantilize working class people to assume they can't make the most rudimentary investment decisions on their own. Maybe we shouldn't let them buy houses either.