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Retirement Redefined
American Enterprise Institute Link to more items from this source
[Opinion]
Jan. 4, 2007

Excerpt: Everywhere we look, we find retirement finance deficits. Corporate and public sector pension plans are both widely and seriously underfunded, Social Security is unfunded and the government's Pension Benefit Guaranty Corp. is insolvent. As a result, there is much longing for 'traditional' pensions and the security they represent. But given the reality of contemporary life expectancy, these retirement finance schemes are stuck in the world of fifty years ago.

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