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I think we all recognize the need to do something as more people become dependent on their 401ks and IRAs for retirement and to many are sheep to be shorn in the financial community when they seek advice.

Perhaps govt standards are coming. Or perhaps employers will be liable for poor choices in their plans.

Either way, once you develop the saving discipline, you can easily direct your savings to your own taxable account if that becomes appropriate.

But I wonder how far govt controls will go. I would expect lots of resistance. And you have to wonder if the administrative lawyers who tend to run govt programs will be willing to take risks or if they will turn out to be ultra risk averse.
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