Our #1 Challenge: Retirement Insecurity. Issue 4 (1st September 2018)

• Record Type: Journal Article
• Authors: Ellis, Charles D.
• Is Part Of: Financial analysts journal. Volume 74:Issue 4(2018)
• Page Start: 6
• Page End: 9
• Publication Date: 2018-09-01
• Subjects: Investment analysis -- Periodicals; Investment analysis; HW_FM; Periodicals; Electronic journals; 332.6
• DOI: 10.2469/faj.v74.n4.2
• Languages: English
• ISSNs: 0015-198X

Abstract

Abstract : One of the consequences of the shift in corporate retirement plans from defined benefit to defined contribution is widespread retirement insecurity. Although most people in the top one-third of economic affluence will be fine, for the other two-thirds—particularly the bottom one-third—the problem is a serious threat. We can prevent this painful future if we act sensibly and soon by raising the alarm with our corporate and government leaders.