Tag: coverage gap

Close up of young plan growing through coins

In my view, the lack of continuous coverage under a workplace retirement plan is the most serious problem with our nation’s retirement system. The result is that many end up with no retirement savings other than Social Security and others, who weave in and out of coverage, with remarkably small 401(k) balances.  For many years,…

Smiling old retirees in hat and casual clothes among green bushes and blue sky

A reporter recently asked me what retirement will look like in 50 years.  At first, I froze.  What insightful comments could I make about retirement communities on Mars?  But once I took a breath, the notion of looking back 50 years and then the 50 years before that provided a framework to consider how things…