[sokoloff]

I think there’s a large subset of the population who is in savings and checking accounts (often with meaningful amounts of money that sit there for a long time) who could trivially easily increase their rate of return by buying VTSAX with a portion of those funds.

[jandrewrogers]

That is a fair point. I was assuming a VTSAX-like return as the default low-effort path but many people don't even do that.