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401(k) Plans Work in a Balanced Approach to Retirement Security
Investment Company Institute [ICI] Link to more items from this source
Aug. 24, 2014
"The retirement resource pyramid is working for most Americans. Research shows that workers are accumulating sufficient resources to maintain their standard of living in retirement, while analysis of the transition into retirement shows that most households maintain both consumption and after-tax income at the same level in the first years after retirement as when they were working. Moreover, studies that examine households later in retirement find that, on average, retirees maintain sufficient wealth to generate as much income as they could early in retirement."

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