4 countries with better '401k' plans

Uncle Sam clearly wants US citizens to put some money away for their retirement. Here is a quartet of nations we could learn a thing or two from.

 of 7

VIDEO ON MSN MONEY

4Comments
Aug 9, 2012 12:14PM
avatar
So if we have "leaders" that are interested in the future of Americans and America, why would they not encourage any reforms to our systems of retirement. By all means please do not go into Democrat/ Republican rant. They both have had turns at the helm and this is where we are at.
Aug 9, 2012 1:28PM
avatar
As I type this, there are 9 comments on this board.  8 of them are spam.  Incredible.  Way to go, MSN!
Aug 9, 2012 4:29PM
avatar
Comparing the systems of the 4 countries listed to 401k's is like comparing apples to oranges.  The other systems are government mandated, and are closer to a privatized Social Security than they are to our voluntary 401k system.  This is more an article for Social Security reform than changes to the 401k system.
Aug 9, 2012 1:29PM
avatar
The joke will be on all of these retirees (including in the US) when defaults mean there is no more money in the funds.  A wave of defaults is coming in the next 3 - 5 years.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.