Opinion | This Trump Proposal is Good for Private Equity — and Not Good for Our Retirement Accounts

1. 1. Trump's proposal allows retirement savers to invest in risky assets like private equity.
2. 2. The argument for wider private asset access falsely assumes Americans can evaluate complex investments.
3. 3. Retail investors selecting mutual funds significantly underperformed the S&P 500 in 2024.
4. 4. Individual retirement accounts remove social insurance, forcing retirees to manage assets independently.
5. 5. Federal Reserve data shows median households' retirement accounts stagnated, while top 10% quintupled.