Auto-Enrollment, designed to boost employees’ retirement savings, is having the opposite effect for some people. Read ‘Automatic’ Transmission: Does Auto-Enrollment Create Leakage? by Nevin E. Adams.
Then, in your initial post to this discussion, address the following prompt based on what youve learned in this module about the nature of economics:
Is it rational for a person to not increase a savings rate over time that was initially set too low? Why do people succumb to this irrational behavior?
link to page https://www.napa-net.org/news-info/daily-news/automatic-transmission-does-auto-enrollment-create-leakage
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