Submitted by tom on
8,000+ mutual fund choices available.
For every ten mutual funds an employer offers in defined contribution plans, the rate of participation goes down 2 percent.
Dozens of options are typically available in 401k plans and variable annuities.
Is a rich menu of decision options a positive or simply excessive--is it liberating or does it produce inaction/paralysis.
The following talk (from a recent TED Conference) discusses what the author calls "the paradox of choice":
Key Phrases:
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