"40 years ago, we started what I call the DIY retirement system, where people were asked to save for their own financial futures, and it looked really great on a spreadsheet. All you had to do was find an employer that would sponsor one of these 401K plans, or you could save it on your own in a bank or in an individual retirement account, but the focus was on the individual's responsibility to put money aside ..."
#TeresaGhilarducci, 2025
https://www.currentaffairs.org/news/why-you-will-never-retire