This one's both face punch as well as anti-antiMMM... Older co-worker friend of mine nearing retirement (62) who has already confided his home is STILL under water from the housing bubble and is quite fond of spending money on new car, cruises, trips to casinos, etc. Anyway, it comes up over lunch a month or so ago that he is NOT CONTRIBUTING TO HIS 401K where we also have a 3% company match. I mean, nothing at all, zilch, zero!!
After I digest this and mentally face-punched him a thousand times...
I tactfully suggest he's leaving thousands of dollars a year on the table and jacking up his current tax bracket to boot. Fast forward to last week finally, he mentioned "Hey, that was a good idea you had about the 401K, thanks!"