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David Escandon's avatar

Actually, let’s blame the plan administrators and state pension funds as well as public companies whose plans come with bloated funds and high expense ratios. Yes, ESG is portrayed here as a problem. I get it. However, the offer problem is how financial illiterate many Americans are. All one needs to do is look at the average retirement account balance to see what a disturbing situation future retirees will face. ESG is another product sold by banks and investment houses to make profits. Like them or hate them they are here to stay. Best thing you can do is try to find index funds or low cost funds to invest in through your employer. And the most important thing is pay yourself first. Max out your retirement contributions and let the poet of compounding get you to a point you can retire with enough money to live out your golden years.

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