A future-of-work expert said Gen Zers didn’t have the “promise of stability” at work, so they’re putting their personal lives and well-being first.

  • AtariDump@lemmy.world
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    9 months ago

    When the plan administrator is picking the stocks in their “Target Retirement 2055” account, I’d say they have a large amount of control.

    Now the S&P 500? Probably no control. But is it truly the S&P 500 or some bull shirt index fund from the 401k provider that’s not 100% following the S&P 500?

    • pdxfed@lemmy.world
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      9 months ago

      The portion of the comment I replied to, which I highlighted at the top of my response was that Op had said that “if the company managing your 4401k makes a bad investment”, concerned that (among Ops other accurate concerns) your 401k funds could be used elsewhere without your knowledge or permission by the plan administrator, which they can’t. So I corrected it.

      Lazy people immediately REEE when someone doesn’t immediately jump on the tribal circle jerk and agree even when parts of a statement are incorrect. Ops point was overall correct and a good one and correcting something that was wrong doesn’t mean I disagree with the rest of it. Lookup false dichotomy.

      • AtariDump@lemmy.world
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        9 months ago

        If you’re investment is in the hands of a company that’s manually picking and choosing you’re in bad hands.

        Better?