Study proves that American workers are foolish, but the rich are not
Today’s revelations of the blindingly obvious: Poorer workers are more likely to cash out 401ks when losing their jobs than are executives and professionals. Yet both groups eat, live in shelters, and so forth! The research: “Nearly Half of U.S. Employees Cash Out Their 401(k) Accounts When Leaving Their Jobs“, Hewitt Associates, 28 October 2009. These consultants …
Study proves that American workers are foolish, but the rich are not Read More »