Those who participate in a defined contribution plan have much better retirement preparation odds
Contrary to some reports that working just a little bit longer—to age 70—will allow between 80 percent and 90 percent of households to have adequate income in retirement, new research by the nonprofit Employee Benefit Research Institute (EBRI) shows that for approximately one-third of U.S. households between the ages of 30 and 59, that won’t be enough.