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9. Frank is still a young man, and his company has agreed to match his 401K retirement plan @ 100% up to $10,000 per year.
9. Frank is still a young man, and his company has agreed to match his 401K retirement plan @ 100% up to $10,000 per year. That sounds really great to Frank, (that is an amazing deal by the way), however; he wanted to purchase a $10,000 bass boat this year and will think about retirement at some point later in the future. Convince Frank of the importance of starting retirement funding early in life. How would you Convince Frank to contribute to the company's 100% match of his 401K plan? ($10,000) If Frank only contributes $2,000 to his 401K plan, how much money (philosophically speaking) is he giving back to his company
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