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Industry News & Trends401(k) Plan Fixes Key to Retirement Conundrum401(k) Plan Fixes Key to Retirement Conundrum
If individual investors could manage money like Bill Miller, they could all sleep better knowing that their twilight years would be spent in hammocks beneath palm trees in tropical locales. Unfortunately, the famed fund skipper’s genius hasn’t rubbed off on the average Joe just yet. So, as the 25th anniversary of the 401(k) came and went last Friday with little fanfare, it’s worth repeating that saving for retirement hasn’t gotten any easier since its inception.