Future of Pension Plans Looks Dark

"If you're in the back end of the wave of Baby Boomers-if you were born in 1958 or later-your employer will not provide you with a pension plan or healthcare when you retire," [Thomas Rowley] said. "But the good news is you have plenty of time to plan for it."

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Bibliographic Details
Published in:Investment management weekly 2008-03, p.1
Main Author: John Morgan, associate editor, Money Management Executive
Format: Article
Language:English
Subjects:
Baby boomers
Defined contribution plans
Employees
Individual retirement accounts
Pension plans
Pensions
Retirement
Salary reduction savings plans
Online Access:Get full text
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Summary:"If you're in the back end of the wave of Baby Boomers-if you were born in 1958 or later-your employer will not provide you with a pension plan or healthcare when you retire," [Thomas Rowley] said. "But the good news is you have plenty of time to plan for it."
ISSN:0896-8500