broken retirement system

Our “Ridiculous” Retirement System Is Crumbling, Expert Says

Posted on 07/23/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsOver the years, I’ve watched economics professor Teresa Ghilarducci try her mightiest to nudge lawmakers to make over and strengthen our retirement system before the tidal wave of boomers leave their jobs for good. At Capitol Hill hearings and at retirement policy conferences, Ghilarducci has offered her own proposals, along with those of other policy experts, designed to help Americans retire with adequate income and without risk. Because this system of relying on our 401(k)s to last us through 20 …