I think you are missing the part where a certain segment of the population likes making sure they are completely insulated from the risk of managing your money for you while simultaneously ensuring that you are required to let them manage your money for you.

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Sounds like a great gig. I like the cut of your jib. Consider applying for a position at Yolobase, I think you might be a great fit ;)
We cimplain about fake daycares skimming billions, but not a peep about the guys who will penalize you with inflation unless you agree that they have full control of your savings between now and retirement. They control the power of your past savings and if they can sell you a house they control all your future earnings as well. It is almost funny. They give you a number to look at in your 401k account but they decide how that money will be used for 99% of it's "existence" it is a polite fiction that it is ours.