Date Added: May 2010
Retirement income adequacy has become a hot topic for large employers and their employees. Employers realize they face serious workforce issues if employees fail to adequately prepare for retirement. Employees increasingly concede their responsibility in preparing for retirement, yet often do not take the steps needed to adequately prepare. Government officials see the dramatic changes in the retirement system and question whether employees will accumulate enough resources to retire. The key question remains, "Will employees have enough money to retire, and under what standard of living?"