There’s a glimmer of hope that the retirement system isn’t broken for good

There’s a glimmer of hope that the retirement system isn’t broken for good

The generations from the late baby boomers to Generation X to millennials live in a different world, where only a few big companies still offer traditional pensions. For the vast majority of retirees, 401(k)s and other defined-contribution plans are, besides Social Security, the only game in town.