Editorial Board

Too Many Retirement Plans, Too Little Savings

Soon, the long-expected U.S. retirement crisis will no longer be a forecast -- it's becoming a brutal fact.
This is what your retirement should look like, if the water is your thing. Photographer: Tim Boyle/Bloomberg

For an entirely predictable event, retirement is going to come as a shock to tens of millions of Americans -- a financial shock, that is. Many people in their 50s and 60s are about to find that the money they've set aside for retirement is too meager to support the standard of living they'd hoped for. Soon, the long-expected U.S. retirement crisis will no longer be a forecast; it's becoming a brutal fact.

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