Christopher Carosa,
Fiduciary News:
“Our previous article
featured industry veterans discussing a litany of 401k problems and their
suggested solutions. It turns out, problem solving is relatively easy compared
to thinking outside the box. Said another way, staying inside the box is a lot easier than venturing
outside the container’s boundaries. Alas, such is the demands of creativity.
But the fruits of creativity can yield innovations far beyond the limits of our
own imaginations. That’s when things take a quantum leap, and we establish a
foothold on the next level of what we call our “standard of living.”
In the past, we’ve
offered our own versions of some “futuristic” retirement plans – from “401k 2.0” (December
7, 2010) to the “Child IRA” (February 25, 2014). In this piece, we focus
on several megatrends that appear likely to forever influence 401k plans as we
know them. Some of these megatrends are in the process now of changing the 401k
world, while others seems more science fiction at this point. It is possible,
however, today’s retirees won’t even recognize the 401k of thirty years from
now. Here are the megatrends we’ve identified…”
Click here
for the full article.