Tag Archives: retirement

What Do You Know: The Hidden Costs of 401(k)’s.


retirement (Photo credit: 401(K) 2013)

I’ve started posting my quizzes in my blog “What Do You Know.”  My first quiz is on the hidden cost of retiring using 401(k)’s.   There are must less expensive ways of paying for the common good of retirement, so why has the American political system chosen this path?  Is it because 401(k)’s pump tremendous amounts of wealth into Wall Street?  Is it an attempt by corporations to externalize the cost of doing business onto working people?  Is it to force people to take care of themselves and depend less on government?  After you have taken the quiz and perhaps viewed some of the links I’ve supplied, tell me what you think.

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