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Subject:  Re: 401(k) are a Fiasco? Rich and poor part ways Date:  4/18/2002  1:02 PM
Author:  CABob Number:  34251 of 102389

One thing it tells me is that "we" are not doing our best at educating people regarding financial matters. I think a high school course or 2 dealing in financial matters (savings, SS, pensions, 401k, etc) would do a lot more for our citizens than a lot of what currently goes on in the schools. Colleges should also have a course or two as part of the required curiculum on this subject.
Perhaps employers, at least the major corporations, could also do a better job of informing its employees the impact of decisions.
I think that most people will make reasonable decisions if they are presented with the right facts to base the decision upon.
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