Why the “Monster” 401(k) Is Wrecking Retirement Security

Discussion in 'Off-Topic Discussions' started by Abner, May 26, 2016.

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  1. Abner

    Abner Well-Known Member

    FYI,

    https://www.yahoo.com/finance/news/why-monster-401-k-wrecking-110022222.html

    "Workers have other ideas. About one out of three workers in the U.S. believe government should increase funding for Social Security, according to a new report from the Transamerica Center for Retirement Studies. (The survey, which was conducted globally, found overseas workers wanted a similar expansion of government funding.) Workers expect nearly half their retirement income to come from such programs—even though those benefits have been eroding for years, and a reversal anytime soon is unlikely."
     

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