Contrasting Types of Retirement Plans
Advocates of Defined contribution plan point out that each employee has the ability to tailor the investment portfolio to his or her individual needs and financial situation, including the choice of how much to contribute, if anything at all. However, others state that these apparent advantages could also hinder some workers who might not possess the financial savvy to choose the correct investment vehicles or have the discipline to voluntarily contribute money to retirement accounts.
Read more about this topic: Retirement Plans In The United States
Famous quotes containing the words contrasting, types, retirement and/or plans:
“We could not help contrasting the equanimity of Nature with the bustle and impatience of man. His words and actions presume always a crisis near at hand, but she is forever silent and unpretending.”
—Henry David Thoreau (1817–1862)
“Our children evaluate themselves based on the opinions we have of them. When we use harsh words, biting comments, and a sarcastic tone of voice, we plant the seeds of self-doubt in their developing minds.... Children who receive a steady diet of these types of messages end up feeling powerless, inadequate, and unimportant. They start to believe that they are bad, and that they can never do enough.”
—Stephanie Martson (20th century)
“Adultery itself in its principle is many times nothing but a curious inquisition after, and envy of another man’s enclosed pleasures: and there have been many who refused fairer objects that they might ravish an enclosed woman from her retirement and single possessor.”
—Jeremy Taylor (1613–1667)
“Make your plans for the year in the spring, and your plans for the day early in the morning.”
—Chinese proverb.