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Ron Popeil sold may gadgets on T.V. under the tag line, Set it and forget it , such as this electric rotisserie box shown

Ron Popeilsold may gadgets on T.V. under the tag line, "Set it and forget it," such as this electric rotisserie box shown below.

The problem with some retirement investments, particularly Roth IRAs, has been you tended to have to do something each year and you couldn't set it and forget it.Other investments, like apercentage withdrawal for a 401(k) did have a "set it and forget it," help as it continued until you changed it.What was novel about Thaler's "Save More Tomorrow," plan?

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You fix a percentage withholding level and never, ever, change it. This is set it and forget it, for sure.

You set up your 401(k) with a percentage match that just got all the "free money" from the company that you could.

You set it up with gradual increases of percentages each year so you "Set it and forget it," but it kept increasing.

You decide each year to change your 401(k)-withholding percentage depending on the percentage raise you got last year.

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