Following World War II, America saw the rise of a “throwaway” society — consuming, squandering and discarding vast quantities of national resources. Gradually, an awakening occurred as we realized that conservation was a more-sustainable path.
<i>Commentary:</i> America's Modern 'Throwaway': 401(K) Retirement Savings
While 401(k) cashout leakage may not stink in our streets, its economic effects are deplorable. Each year, this slow-motion train wreck robs millions of Americans of their retirement security and converts their retirement savings into wasted consumption and avoidable tax penalties.
By
Tom Hawkins
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