Got a 401(k)? What a great experiment in legal robbery form our friends on Wall Street. You know the ones who helped you lose your house and jobs recently. So far nobody has done the perp walk and a lot of boomers are boned for retirement.
The excuse is well you were responsible for picking your investments, but the reality is what you were offered in the plan and the hidden fees precluded any gains. When a select few people can trade stocks in microseconds you haven't got a chance to compete. I guess we should just whack social security now just to twist the knife.
EPI Report 2016