Tag: 401(k) plans|Annuities|Automatic enrollment|Poll|Saving for retirement|Social Security|Statistics|Traditional (defined benefit) pensions
The Future of Retirement? 401(k)s That Look Like Old-Fashioned Pensions
One of the biggest flaws in most people’s retirement plan is something that previous generations rarely worried about: monthly income guaranteed for life. But the fix is in, and before long your 401(k) may look a lot more like your dad’s pension.