The first obstacle is inertia. Surveys reveal that most people in retirement savings plans think they should be saving more, and plan to take action, uh, soon. But then they procrastinate, and never get around to changing their saving rate. In fact, most plan participants rarely make any changes to their saving options unless they change jobs and are confronted with a new set of forms they have to fill out. Overcoming inertia is the problem that automatic enrollment magically solves. The same concept should be included in a plan to increase saving rates. If we could somehow get people started
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