Tag: employer-sponsored plans

businessman shouting in megaphone, showing personal opinion

Some form of risk-sharing plan would be good, but coverage is the real issue. How did this happen?  Now that the shift from defined benefit plans to 401(k)s is almost complete (see Figure 1), everybody seems to be talking about defined benefit (DB) plans.  They were on the wish list of the United Auto Workers.&nbs…

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…