David Blanchett - Morningstar

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Last quote by David Blanchett

No one is going to get to retirement in good shape with a 3 percent starting rate. It's ironic. All these great changes that were made have had such a good impact – auto enrollment, auto investing – but this one important piece removes the benefit of all the good automation that has been put in place.feedback
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Aug 02 2017
The latest quote from David Blanchett is: “We don't have an investing problem. We have a saving problem. The lower default is a lose, lose. The people who stick with it aren't saving enough and the people who reject it still use 3 percent as an anchor and might increase their rate slightly from there.”. It comes from the The problem with too-low 401(k) contribution rates article. You’ll find on this page 7 articles with David Blanchett quoted on topics such as U.S., inflation and debt. David Blanchett has been quoted 10 times in 7 articles.
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