Target date funds have come under fire since the crash because many of the funds tailored for investors near retirement age racked up significant losses.
The vanishing COLA will squeeze many retirees hard. Social Security provides, on average, about 39 percent of income for retired households and more than 50 million people receive benefits.
Many baby boomers once thought of their homes as piggy-banks. High housing prices would allow us to leverage equity to finance our lifestyles, buy second homes or pay retirement community fees.