I always believe that education is really important. My parents instilled that value in me, they went a little off the reservation when they thought my GPA was a barometer on their value as parents. That being said, I do believe that participants need education to help them make informed investment decisions. The problem is that I don\u2019t believe the current set-up is working.<\/p>\n
Mary Poppins sang that a \u201cspoonful of sugar\u201d made the medicine go down. I think education for 401(k) self-direction would be more successful if it was actually fun and interesting. Maybe an advisor could offer a triviai contest with prizes or funny videos or something that just isn\u2019t dry.<\/p>\n
For the free time I have (very little), I bought a lifetime subscription to Rosetta Stone, to brush up on my Hebrew that has gone rusty. The program is easy to use and the interaction is fun and the fun gets me to use it and help me out to remember what I forgot. Something dry and boring wouldn\u2019t have helped. So that\u2019s why I think advisors need to look at their educational component and see how they could make it more interesting.<\/p>\n
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