NYT Financial Columnist Reports Paltry Retirement Savings

In a remarkable confession published Saturday in the¬†New York Times, columnist Joe Nocera¬†wrote in painful detail about¬†how, as he’s about to celebrate his 60th birthday, he is financially unprepared to retire¬†now or any time soon.¬† The reason: Because he’s got so little money saved in his 401(k) plan. How could this happen to a widely-respected financial journalist¬†who’s spent much of his career writing¬†about the stock market and investing? Nocera cites the usual factors that have landed many other aging baby¬†boomers …