Quote:
Originally posted by ltl/fb
Why can't people who can afford to put away more than $15k a year just invest/save it? Why, bilmore, why?
|
As you get older, you realize that you can't afford to NOT put away $15k per year, even if your income would have made that a laughable prospect earlier in life.
Plus, we're speaking of trying to encourage socailly desirable behavior. So, yeah, people probably CAN do it - 401k's just make it more likely that they WILL do it.
Why can't we expect people to buy houses without a mortgage deduction?
