Comment on Baby Boomers Take Huge Hit On 401k Plans. Now What?

Baby Boomers Take Huge Hit On 401k Plans. Now What?

I've spent the better part of my career administering retirement plans, and have seen with my own eyes what Atrios observes in this article for USAToday: Over the past few decades, employees fortunate enough to have employer-based retirement benefits have been shifted from defined benefit plans to defined contribution plans. We are now seeing the results of that grand experiment, and they are frightening.

 

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