According to a MetLife survey, 91% of plan sponsors are concerned that their future retirees will run out of money in retirement.
I’m surprised that it’s more than 90 percent, but the fact remains that we have a retirement crisis in this country and we are not doing our best to alleviate it. Of course, someone will joke that many of these plan sponsors had pension plans that they eliminated because of cost, but that is another argument for another day.