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Bridge over ocean
27 August 2018 Financial Analysts Journal Volume 74, Issue 4

Our #1 Challenge: Retirement Insecurity

  1. Charles D. Ellis, CFA

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.

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