Benefits Think Steer clear of the retirement cliff

Published 5 Min Read

Reliance on defined contribution plans, primarily the 401(k), and the confluence of a flawed system, an erratic stock market over the past 13 years, and a looming bond bubble stands to create the Retirement Cliff: a drastic shortfall in funds for most retirees.

The Cliff means that millions won’t have enough money to enjoy a comfortable retirement or even retire at all. It could cause enormous personal and societal distress.


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