Jack Vanderhei Browse All Authors Top 3 quotes by Jack Vanderhei There's probably a lot of false optimism there, there hasn't been enough change in the underlying conditions over the last two years to justify a doubling of 'very confident' households. Jack Vanderhei company-news I really can't explain why so many people are confident about their ability to pay for long-term care, it might be that they think - wrongly - that Medicare is going to cover it, or maybe they'll just spend down to indigent levels and go on Medicaid. But there's no way this is a justifiable sense of optimism. Jack Vanderhei company-news We know that 401(k) participants are guilty of excessive extrapolation - they like to look at how good things have been, and assume it will just continue that way. Jack Vanderhei company-news
