3/23/2015 – Can achieving retirement security be easier than we think? (The Washington Post)

With traditional pensions on the wane, wages for typical workers flat-lining and many people living longer, it is no secret that Americans face an ever-increasing challenge to achieve financial security in retirement.

Most are not meeting the test. The Center for Retirement Research at Boston College estimates that 53 percent of households are at risk of not being able to maintain their standard of living once they retire.

But many investment managers argue that financial security is actually within reach for most Americans, if only they took some simple steps—and stuck with them. It may seem like  a self-serving declaration for an industry that makes billions managing trillions in retirement savings. Yet a survey released Monday by Empower Institute, a newly launched research arm of the nation’s second largest retirement services provider, Empower Retirement, makes the case.

Read the full article at The Washington Post.