In my previous blog, I used the metaphor of four gears to explain what drives a 401(k) plan. It turns out that particular symbolism was more meaningful than originally intended. For 401(k) participants, "first gear" represents savings. It is the participant's most powerful tool (see "The Retirement Saver's Secret (as in 'Underappreciated') Weapon,", July 9, 2013). 

But, saving is also the biggest impediment. Not enough of it is being done. It's both hard to get people started and it's hard to get them to save the right amount. That's what makes the car analogy even more appropriate. 

How many of you recognize this experience: 

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