More fuel for the stock market – mandated?
Appears to be a ponzi scheme where the last people in may be compelled by law to get in the pool. I have a front row seat to these policies – historically in most plans, mandatory contributions or plan defaults would to go money markets but over the past 15 years or so they’ve been directed to age-based funds – equities (required by employers and possibly soon to be required by law).
The irony to the graphic in this story is that those are actually golden bubbles, not golden eggs.