MERCER and STANFORD CENTER ON LONGEVITY: Retirement article series

Download Article One - It's time to rise to the
Retirement Income Challenge

Today Americans look to the 401(k) plan as the primary retirement vehicle — but this was conceived as a simple, supplemental savings plan. These defined contribution (DC) plans place significant responsibility and challenges on employees and retirees, as they were not designed with the goal of transforming savings into adequate lifetime retirement income.

In this first article in the Mercer and Stanford Center on Longevity series, we take a close look at the complex choices facing employees and employers in generating sufficient retirement income.