Did You Leave Money At Your Old Job?

It's a basic truth about us as human beings. Most of us don't want to think about money at all. And that costs us money in the long run. Data from Cerulli Associates puts a number on it — 38 million. That's the number of stranded workplace retirement plans there were in the United States in 2009. A few years later, in 2012, a government study found that just half of 1% of plans owned by former employees was moved to new employers. Half of 1% is a very low figure. If 1,000 people change jobs, ...