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Ebri

401(k) Account Balances Back To Pre-Recession Levels

AP | DAVID PITT | Posted 05.25.2011 | Business

DES MOINES, Iowa — Americans who were afraid to open their 401(k) statements during the recession are finding good news inside the envelope now:...

Over Half Of American Workers Have Less Than $25,000 Saved For Retirement, Survey Says

CNN Money | Blake Ellis | Posted 05.25.2011 | Business

NEW YORK (CNNMoney) -- Most Americans have less than $25,000 saved up for retirement. And surprise!: Retirement confidence is at record lows....

Actually, the Times Got it Right on 401(k)s

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

The 401(k) is now tasked with filling the income gap between what Social Security provides and what you need for a dignified retirement.It's a job the 401(k) was never designed to do, and it has failed to do it.

So, You Think You Can Retire Later? Don't Be Too Sure

Eric Schurenberg | Posted 05.25.2011 | Business
Eric Schurenberg

As you stare at the smoking ruin of your 401(k), it's clear what you have to do to retire with dignity. Work a few more years. There's just one problem: When you retire isn't entirely up to you.