Bravo! Posts like this make me want to stop "holding my tongue" and encourage every 20 something to just do a target date fund.FD1150 wrote: ↑Sun Oct 02, 2022 4:36 pm For most of my career, I was a fire officer in command of one or more fire stations. As such, it was my responsibility to see that my firefighters were well trained and prepared for whatever the job threw at them. I always made sure, whenever I got a new person, to talk to them about our 457b plan and suggest to them that it might be a good thing to enroll in. The Representative for the 457b provider was a sucker for good pot roast. I would call him and invite him to dinner with our shift. He would get a good, free dinner(firefighters can cook and we eat well) and my new recruit to sell on the plan. It was not the best deal around, but it was the only deal that we had access to. I must have been responsible for 30-40 new signups over my career.
Now that I am long retired and living a very comfortable life, I occasionally get a call from my fellow firefighters thanking me for strong-arming them into the 457b plan. Mission accomplished.
l2r