[Tauzero]

Well, I'm always suspicious of statistics like "between/from 19xx to 19xx." The arbitrary period cited is invariably one that agrees with the author's presumptions. But the author is probably right that 401(k)'s are not appropriate for most people. I predict that in, say, 10 years' time participation in 401(k)'s will greatly decline and defined benefit plans will make a big comeback.

[Musket]

and then the company providing the pension payouts goes bankrupt and what do you get? Nothin. I'm stickin' with 401k.