F.I.R.E User
Thinks s/he gets paid by the post
Fought that battle for years at MegaCorp. Every encouragement to get the employees to at least put in enough money to get the full match, the free money from MegaCorp, fell on deaf ears. The excuses were everything from, “I can’t afford it” to “the money they give me is going to put me in a higher tax bracket”. There was little we could do to dissuade them or correct their thinking…
Higher tax bracket? It’s actually going to possibly put them in lower bracket and deferred tax.
They will regret it when they are left with no savings and just SS.