Defined-benefit Pension Plans Archives - munKNEE.com
Friday , 4 December 2020

Tag Archives: Defined-benefit Pension Plans

Welcome to the New Retirement Model – NO Retirement! Here’s Why (+3K Views)

Welcome to the new model of retirement. No retirement. In 1983 sixty two percent (62%) of American workers had some kind of defined-benefit plan. Today less than 20% have access to a plan. The majority of retired Americans largely rely on Social Security as their de facto retirement plan [and the 35 and younger cohort are not able to save, or save enough, to eventually retire. True retirement is now a thing of the past except for a privileged few. Let me support this claim.] Words: 1091

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