401(k) plan investments are a primary driver of the investment markets. They are also the reason that many people are pacing the floors at night, worrying if their retirement will get delayed or destroyed.
Each time the market plunges, you can count on seeing a flurry of news reports looking at just how badly workplace 401(k) retirement portfolios have been hit. Rarely will you see a story asking why the market risk is born by individual workers.
Most of us want to be physically fit, but very few of us are. The same holds true with financial security. As my father (and many others) used to say, "A lot of people want to go to heaven but no one wants to die to get there."