4 Countries with Better 401(k) Plans than the United States

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Were retiring ( my wife and I). Can we take our 401k's and assets and put it in a 401K in Sweden, for example. Or do we have to be a citizen.

Aime Casavant of ND 9:56PM June 15, 2012

There are MORE than these 4 countries with better retirement system. But what's the use of talking about them? Americans over 50 cannot relocate and start over in any of these countries (facing competition from younger local employees and, in many cases, language and cultural barriers.) We here should stop killing our Unions and instead of tightening everybody's belts finally go for the belts of the FATTEST 1%

jopa of CA 6:45PM June 13, 2012

What is Social Security in the USA if not an example of this type of plan with the exception of the colossal thievery of the funds by Congress?

retiree of FL 7:52AM June 12, 2012

Odd that the writer never mentions Social Security. Seems like a government mandated retirement system to me. And it's not exactly "voluntary".

Craig of CA 5:32PM May 30, 2012

For those of you who would rather put your retirement in big hedge funds and big banks you might want to read the news lately. I know the Gov can mismanage but I will take that over out right criminal acts of big business.

Tom of CO 3:37PM May 30, 2012

I don't want the Govt with more of my money! I am sick of hearing how important fees are. I don't want to say that fees aren't important, but there are other things which would have a much larger impact at retirement besides fees - like contributing earlier in life and at more than minimal levels.

James of CO 2:18PM May 30, 2012

I agree with Gerald and Eric. We already have a government that takes 6.2% for Social Security and 1.45% for Medicare from every employee's paycheck. Both programs are predicated to be insolvent in the next 24 and 12 years, respectively. And we gave the federal government control of our healthcare insurance?!?!
Australia is the only example mentioned that does not appear to put the retirement funds in the hands of government-controlled or government-picked programs and/or administrators and fund managers. Given a choice between trusting the government to do right by me or trusting myself to make the best choices for my future retirement, I choose myself.

Jennifer of OH 1:52PM May 30, 2012

Have to agree with Gerald from CA. If the U.S. Govt. had even more money to be held in trust, a la Social Security, would be more that they would piss away as they did with Social Security. Or they would give it away to people who have never earned a dime or paid a dime into the system such as with the rest of the "Great" Society type programs.

Eric of NE 11:45AM May 30, 2012