$6.6 Trillion Retirement Saving Shortfall Shows Failure of 401(k)’s
Last week the Washington Post ran a story on the weaknesses of 401(k) retirement accounts, focusing on the the fact that 1/4 of Americans with 401(k)’s have used them to meet current income needs. Among people in their forties, the share rises to 1/3, an astounding figure considering how close this group is to retirement. […]