Most people won't have enough to live the life they want when they retire. And they know it, too. But what will they do about it?
PBGC Director Josh Gotbaum spoke this morning at the National Press Club in Washington about today's retirement realities.
One often-overlooked reality is that defined benefit pensions offer a steady income for some 75 million families, and provide an economic boost to the communities where retirees live. Gotbaum laid out the case for giving employers flexibility to design pension options that fit the twenty-first century workforce. Watch the event on C-SPAN.
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