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How to Fix the Retirement Savings Crisis
Manage episode 445436791 series 2137790
Why 401k and other defined contribution schemes are flawed, leading to a generation of workers unprepared for retirement. What are the solutions to fix the mess.
Topics
- Why 401k and other defined contributions haven't worked, despite their popularity
- Why defined benefit pension plans declined
- Why 401k plans are treated like emergency funds
- How to combine the best of 401k and defined benefit pension plans
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Show Notes
The Shift that Redefined Retirement Security by Shashwat Vidhu Sher—SSRN
Was the 401(k) a Mistake? by Michael Steinberger—The New York Times Magazine
U.S. Retirement Assets: Data in Brief—Congressional Research Service
Where do my CPP contributions go?—CPP Investments
Related Episodes
460: Should You Be Invested 100% in Stocks Before and During Retirement? A Recent Study Says Yes.
441: What If Social Security Had Been Privatized?
279: Why All Retirees Should Consider an Income Annuity
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
522 episode
Manage episode 445436791 series 2137790
Why 401k and other defined contribution schemes are flawed, leading to a generation of workers unprepared for retirement. What are the solutions to fix the mess.
Topics
- Why 401k and other defined contributions haven't worked, despite their popularity
- Why defined benefit pension plans declined
- Why 401k plans are treated like emergency funds
- How to combine the best of 401k and defined benefit pension plans
Sponsors
LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs
Monarch Money – Get an extended 30-day free trial
Insiders Guide Email Newsletter
Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter
Our Premium Products
Show Notes
The Shift that Redefined Retirement Security by Shashwat Vidhu Sher—SSRN
Was the 401(k) a Mistake? by Michael Steinberger—The New York Times Magazine
U.S. Retirement Assets: Data in Brief—Congressional Research Service
Where do my CPP contributions go?—CPP Investments
Related Episodes
460: Should You Be Invested 100% in Stocks Before and During Retirement? A Recent Study Says Yes.
441: What If Social Security Had Been Privatized?
279: Why All Retirees Should Consider an Income Annuity
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
522 episode
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