“46% of 401(k) investors are clueless about their investments…”

“Almost half — 46% — of 401(k) investors don’t know what investments are in their workplace retirement plan, according to a new CNBC Your Money Survey, conducted by SurveyMonkey…

Almost 59% of employers sponsoring a 401(k) plan used auto-enrollment in 2021, up from 47% in 2012, according to the Plan Sponsor Council of America, a trade group…”

https://www.cnbc.com/2023/09/07/almost-half-of-401k-investors-clueless-about-their-investments-cnbc.html

Young people shouldn’t invest in such garbage. I said this before. Things like this and social security will not be there when they retired. The system will go bankrupt first. Stop being lazy and personally invest said money.