Ashok --

The discussion on the deficit status is forthcoming -- stay tuned. I think your question misses a pretty big point: in many cases the people most in need of help in retirement are those who simply do not have the freedom to boost their private savings any further. To address the issue, it's likely that action will be needed at the individual, employer, and governmental level to boost savings rates and increase the probability that the folks now marching off towards retirement will have a good go of it.

Many thanks for reading and for sharing your thoughts!

Will