Dave Chilton

And you know, you were saying some extreme examples.

I saw a few when I was doing a lot of work in the States with 401ks back in the 90s.

And a story I've told often as I went to a robotics firm in Boston, and don't ask me where they got this formula, but for every dollar you put in, they put in $495 into the 401k.

And then the CEO says to me, Dave, we have still some people not doing that.

What are you going to say to them?

And I said, you should fire those people.

If they're not smart enough to do that, they are not adding value at this robotics firm.

And I told the audience that too, like that's just insane.

But you make a very good point about the fact that a lot of these plans in Canada, more so than the States, are still full of high, high fee products, high MER products.

I think we'll see that change over the next five to 10 years with consumer pressure, media pressure, et cetera.

But one of the things that I push people to do is that maybe just get involved in that plan to the level of the Macs.

Match, pardon me.

And then with your other monies, put it into the RSP or TFSA outside of the plan.

Plus, in many instances, at some point, you can transfer the money out of that RSP.

Once it's already in there, it's already matched.

You have to check the rules of the company over to an RSP, a self-directed RSP, and gain access to much lower fee products.

And that can make a huge difference.

100%.

Here's my last one.

My biggest pet peeve.